801 N 37th StCorsicanaTX75110
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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 Corsicana at 801 N 37th St, Corsicana, TX, 75110 uses $58,013 cash to close to unlock $1,813/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $1,396/mo, and a $857/mo payment keeps the spread at $151/mo. Purchase price stands at $175,000, and rental yield measures 9.57% with $1,396/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 120.9% and total cumulative return in cash records $70,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,396/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1956
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75110, Corsicana, TX area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,596
Single Family
10,883
Multi-Family
713
Businesses
1,104
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