8477 Fm 699JoaquinTX75954
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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 Joaquin at 8477 Fm 699, Joaquin, TX, 75954 listed at $585,000 pairs $2,797/mo rent with a $2,863/mo payment. Total monthly income runs $2,797/mo. Return on cash invested measures 11.56% in year one, and rental yield registers 5.74% at a $585,000 basis. Equity gained on principal adds $3,775/yr, and annual property appreciation at 5% supports $161,625 by year five. Five-year ROI tracks 59.29% and total cumulative return in cash totals $114,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,797/mo property income relative to a $2,863/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75954, Joaquin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,520 (100%) |
| Owner Occupied HU | 958 (63.0%) |
| Renter Occupied HU | 269 (17.7%) |
| Vacant Housing Units | 293 (19.3%) |
| Median Home Value | $162,222 |
| Average Home Value | $175,564 |
Housing Distribution
Address Breakdown
Residential
1,362
Single Family
1,362
Multi-Family
0
Businesses
90
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