708 N Us Highway 69CelesteTX75423
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Celeste at 708 N Us Highway 69, Celeste, TX, 75423 generates $1,560/mo in rent and, after a $974/mo payment, leaves $145/mo in cash flow. Total monthly income is $1,560/mo, and annual cash flow is $1,739/yr on $65,969 invested. Return on cash invested sits at 22.54% in year one, and rental yield is 9.41% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 118.19% and total cumulative return in cash sums $77,970. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75423, Celeste, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,461 (100%) |
| Owner Occupied HU | 1,083 (74.1%) |
| Renter Occupied HU | 216 (14.8%) |
| Vacant Housing Units | 162 (11.1%) |
| Median Home Value | $291,021 |
| Average Home Value | $323,250 |
Housing Distribution
Address Breakdown
Residential
1,370
Single Family
1,370
Multi-Family
0
Businesses
48
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Listed by: Kevin Kerr • Aycock Realty Group LLC
Mls Name: NTREIS
Mls ID: #20797869
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.