718 SE County Road 3121CorsicanaTX75109
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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
Total monthly income runs $3,201/mo, and a $2,641/mo payment. Purchase price stands at $539,500, and rental yield measures 7.12% with $3,201/mo rent. Return on cash invested shows 15.76% in year one, and 5% annual appreciation builds toward $149,054 over five years. Five-year ROI reaches 81.81% and total cumulative return in cash records $145,201. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,201/mo property income covering a $2,641/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75109, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,391 (100%) |
| Owner Occupied HU | 1,693 (70.8%) |
| Renter Occupied HU | 334 (14.0%) |
| Vacant Housing Units | 364 (15.2%) |
| Median Home Value | $284,255 |
| Average Home Value | $384,066 |
Housing Distribution
Address Breakdown
Residential
2,219
Single Family
2,219
Multi-Family
0
Businesses
117
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Listed by: Patti Taylor • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20804453
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.