723 E Houston AveCrockettTX75835
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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 Crockett at 723 E Houston Ave, Crockett, TX, 75835 priced at $288,800 converts $2,680/mo rent into $626/mo cash flow after a $1,414/mo obligation. Total monthly income equals $2,680/mo, and annual cash flow totals $7,510/yr on $95,737 invested. Return on cash invested prints 27.75% in year one, and rental yield reads 11.14% against a $288,800 entry. Equity gained on principal adds $1,864/yr, while 5% annual appreciation compiles into $79,790 by year five. Five-year ROI reaches 146.11% and total cumulative return in cash sums $139,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,680/mo property income covering a $1,414/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75835, Crockett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,006 (100%) |
| Owner Occupied HU | 3,190 (53.1%) |
| Renter Occupied HU | 1,508 (25.1%) |
| Vacant Housing Units | 1,308 (21.8%) |
| Median Home Value | $200,585 |
| Average Home Value | $267,114 |
Housing Distribution
Address Breakdown
Residential
5,029
Single Family
4,796
Multi-Family
233
Businesses
585
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