908 E Decatur StEnnisTX75119
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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 Ennis at 908 E Decatur St, Ennis, TX, 75119 uses $99,417 cash to close to unlock $2,895/yr annual cash flow and $241/mo monthly cash flow. Total monthly income runs $2,374/mo, and a $1,468/mo payment keeps the spread at $241/mo. Purchase price stands at $299,900, and rental yield measures 9.5% with $2,374/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 119.69% and total cumulative return in cash records $118,996. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,374/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 2023
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
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