802 W Elder StColmesneilTX75938
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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 Colmesneil at 802 W Elder St, Colmesneil, TX, 75938 with 5% annual appreciation on a $220,000 basis while $2,052/mo rent supports operations. Total monthly income totals $2,052/mo and a $1,077/mo payment preserves $487/mo for cash returns. Annual cash flow comes to $5,848/yr on $72,930 deployed, and return on cash invested reaches 27.93% in year one. Equity gained on principal adds $1,420/yr, and five-year appreciation sums $60,782 alongside rental yield of 11.19%. Five-year ROI measures 147.1% and total cumulative return in cash totals $107,279.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,052/mo property income versus a $1,077/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
3.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75938, Colmesneil, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,446 (100%) |
| Owner Occupied HU | 832 (57.5%) |
| Renter Occupied HU | 102 ( 7.1%) |
| Vacant Housing Units | 512 (35.4%) |
| Median Home Value | $153,030 |
| Average Home Value | $218,206 |
Housing Distribution
Address Breakdown
Residential
1,049
Single Family
1,049
Multi-Family
0
Businesses
52
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Listed by: Twila Bertrand, GRI, MRP, ABR, TAHS • Century 21 Cota Realty
Mls Name: LAR
Mls ID: #5104632