819 E Fm 813PalmerTX75152
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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 Palmer at 819 E Fm 813, Palmer, TX, 75152 uses $404,968 cash to close to unlock $38,465/yr annual cash flow and $3,205/mo monthly cash flow. Total monthly income runs $12,094/mo, and a $6,118/mo payment keeps the spread at $3,205/mo. Purchase price stands at $1,249,900, and rental yield measures 11.61% with $12,094/mo rent. Return on cash invested shows 29.87% in year one, and 5% annual appreciation builds toward $345,324 over five years. Five-year ROI reaches 157.39% and total cumulative return in cash records $637,374. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $12,094/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Single Family
Built in 2016
23.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75152, Palmer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,051 (100%) |
| Owner Occupied HU | 1,608 (78.4%) |
| Renter Occupied HU | 345 (16.8%) |
| Vacant Housing Units | 98 ( 4.8%) |
| Median Home Value | $326,821 |
| Average Home Value | $412,307 |
Housing Distribution
Address Breakdown
Residential
1,933
Single Family
1,933
Multi-Family
0
Businesses
120
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Listed by: Daniel Hernandez • Ocaso Real Estate Broker
Mls Name: NTREIS
Mls ID: #20599767
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.