713 E College StTerrellTX75160
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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
Investment property for sale in Terrell at 713 E College St, Terrell, TX, 75160 uses $60,665 cash to close to unlock $1,804/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,452/mo, and a $896/mo payment keeps the spread at $150/mo. Purchase price stands at $183,000, and rental yield measures 9.52% with $1,452/mo rent. Return on cash invested shows 22.88% in year one, and 5% annual appreciation builds toward $50,560 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash records $72,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,452/mo property income covering a $896/mo payment rather than investor’s personal income.
Single Family
Built in 1885
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
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