808 Mary Lee LnCollinsvilleTX76233
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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
Rental property for sale in Collinsville at 808 Mary Lee Ln, Collinsville, TX, 76233 generates $3,368/mo in rent, after a $2,325/mo payment. Total monthly income is $3,368/mo. Return on cash invested sits at 19.83% in year one, and rental yield is 8.51% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 103.67% and total cumulative return in cash sums $163,243. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,368/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76233, Collinsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,682 (100%) |
| Owner Occupied HU | 1,200 (71.3%) |
| Renter Occupied HU | 378 (22.5%) |
| Vacant Housing Units | 104 ( 6.2%) |
| Median Home Value | $371,233 |
| Average Home Value | $421,963 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
69
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Listed by: Janet Strader • Major League Realty, Inc.
Mls Name: NTREIS
Mls ID: #21095290