804 S WheelerColmesneilTX75938
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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 804 S Wheeler, Colmesneil, TX, 75938 with 5% annual appreciation on a $485,500 basis while $2,826/mo rent supports operations. 24% in year one. Equity gained on principal adds $3,133/yr, and five-year appreciation sums $134,135 alongside rental yield of 6.98%. Five-year ROI measures 79.01% and total cumulative return in cash totals $127,155. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,826/mo property income versus a $2,376/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
2.01 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: Randy Durham • M. Moffett & Co. Properties
Mls Name: HAR
Mls Provider:
Mls ID: #51928950
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