808 Shirley Jean LnCollinsvilleTX76233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Shirley Jean Ln, Collinsville, TX, 76233 priced at $399,500 converts $3,023/mo rent into $182/mo cash flow after a $1,955/mo obligation. Total monthly income equals $3,023/mo, and annual cash flow totals $2,189/yr on $132,434 invested. Return on cash invested prints 21.56% in year one, and rental yield reads 9.08% against a $399,500 entry. Equity gained on principal adds $2,578/yr, while 5% annual appreciation compiles into $110,374 by year five. Five-year ROI reaches 112.93% and total cumulative return in cash sums $149,559. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,023/mo property income covering a $1,955/mo payment, not borrower’s personal income.
Single Family
Built in 2021
0.32 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: Christy Johnson • TIERRA REAL ESTATE
Mls Name: NTREIS
Mls ID: #20993982