824 N Virginia StTerrellTX75160
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
Investment property for sale in Terrell at 824 N Virginia St, Terrell, TX, 75160 uses $76,212 cash to close to unlock $4,289/yr annual cash flow and $357/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,125/mo payment keeps the spread at $357/mo. Purchase price stands at $229,900, and rental yield measures 10.4% with $1,992/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 134.28% and total cumulative return in cash records $102,335. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1926
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75160, Terrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,701 (100%) |
| Owner Occupied HU | 6,339 (59.2%) |
| Renter Occupied HU | 3,563 (33.3%) |
| Vacant Housing Units | 799 ( 7.5%) |
| Median Home Value | $313,227 |
| Average Home Value | $338,221 |
Housing Distribution
Address Breakdown
Residential
10,259
Single Family
8,530
Multi-Family
1,729
Businesses
1,261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices