912 S Runnels StDe KalbTX75559
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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
Rental property for sale in De Kalb at 912 S Runnels St, De Kalb, TX, 75559 generates $1,568/mo in rent and, after a $592/mo payment, leaves $708/mo in cash flow. Total monthly income is $1,568/mo, and annual cash flow is $8,493/yr on $40,112 invested. Return on cash invested sits at 41.08% in year one, and rental yield is 15.55% on a $121,000 entry. Equity gained on principal adds $781/yr, while 5% annual appreciation builds toward $33,430 over five years. Five-year ROI reaches 217.61% and total cumulative return in cash sums $87,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,568/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75559, De Kalb, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,785 (100%) |
| Owner Occupied HU | 1,818 (65.3%) |
| Renter Occupied HU | 555 (19.9%) |
| Vacant Housing Units | 412 (14.8%) |
| Median Home Value | $158,075 |
| Average Home Value | $190,257 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,414
Multi-Family
26
Businesses
156
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