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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Corsicana at 7356 Fm 709 S, Corsicana, TX, 75110 listed at $270,000 pairs $2,765/mo rent with a $1,322/mo payment to leave $845/mo cash flow. Total monthly income runs $2,765/mo, and annual cash flow reaches $10,134/yr on $89,505 cash to close. Return on cash invested measures 31.23% in year one, and rental yield registers 12.29% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 164.8% and total cumulative return in cash totals $147,505. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,765/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2008
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,123 (100%) |
| Owner Occupied HU | 6,585 (54.3%) |
| Renter Occupied HU | 4,309 (35.5%) |
| Vacant Housing Units | 1,229 (10.1%) |
| Median Home Value | $188,356 |
| Average Home Value | $254,696 |
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
Date | Event | Price |
|---|---|---|
| 2024-07-23 | Price change | $270,000 |
| 2024-03-18 | Price change | $275,000 |
| 2023-12-29 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $455.70 | N/A | $113,159 | 10.00% |
| 2022-08-14 | N/A | N/A | $102,872 | 10.00% |
| 2021-08-14 | N/A | N/A | $93,520 | N/A |
Listed by: Kelli Hobbs • Premier Realty
Mls Name: NTREIS
Mls ID: #20501234
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.
