708 W 8th St, Coleman, TX, 76834 | 3.5% Rental Yield

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Price: $300K - 500K

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708 W 8th St, Coleman, TX, 76834 | 3.5% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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5 Bed
2 Bath
2400 sft

775 194 County Rd, Coleman, TX, 76834

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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

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Investment Highlights

Investment property for sale in Coleman at 708 W 8th St, Coleman, TX, 76834 earns from $540/mo rent with a $905/mo payment. Total monthly income totals $540/mo. ROI tracks 4.74% on current figures, and rental yield reads 3.5% at a $184,900 purchase. Equity gained on principal adds $1,193/yr, and 5% annual appreciation supports $51,084 over five years. Five-year ROI reaches 22.78% and total cumulative return in cash sums $13,963. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $540/mo property income instead of your personal income.

Manufactured

Built in 2025

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Brand new 4-bedroom, 2-bathroom Palm Harbor double wide home offering comfort, style, and efficiency! This beautifully designed home features a modern open floor plan with spacious living and den areasperfect for both everyday living and entertaining. The kitchen is a standout with an oversized island, elegant Omaha oak cabinets, and brand-new Energy Star appliances, including a refrigerator, dishwasher, and electric range. Sequestered primary bedroom with spacious en-suite bath complete with walk-in closet. Guest bedrooms and guest bathroom off the den area. Just off the kitchen, a nice-size laundry room with mechanical closet. The entire home features durable vinyl flooringideal for easy cleaning and a sleek, uniform look. A smart-control electric HVAC thermostat helps you manage your climate control with ease. Enjoy low-maintenance vinyl siding with classic white vinyl shutters on every exterior window, a durable 25-year shingle roof, and energy-efficient LED lighting throughout. Step outside through sliding glass doors to a wood deck overlooking the huge backyardperfect for morning coffee or evening relaxation. The steel front door includes a full-view storm door for added insulation and security. A brand-new metal two-car carport provides covered parking, with a gravel driveway for easy maintenance. The west side of the property features a durable metal fence, offering additional privacy and security. This all-electric home is move-in ready and built to modern standards of efficiency and comfort. Whether you're a growing family, a first-time buyer, or looking for a low-maintenance retreat, this brand-new home has it all.