8008 Fm 416StreetmanTX75859
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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 Streetman at 8008 Fm 416, Streetman, TX, 75859 offers a 8.58% rental yield on a $210,000 purchase with $1,502/mo rent. Total monthly income registers $1,502/mo, and a $1,028/mo payment leaves $9/mo available for distribution. Annual cash flow reaches $102/yr on $69,615 to close, and return on cash invested stands at 20.06% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 104.88% and total cumulative return in cash at $73,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,502/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
5.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75859, Streetman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 926 (59.0%) |
| Renter Occupied HU | 118 ( 7.5%) |
| Vacant Housing Units | 525 (33.5%) |
| Median Home Value | $310,145 |
| Average Home Value | $407,724 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
68
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Listed by: Amanda Smart • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20536445
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.