913 E Park AvePalestineTX75801
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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 Palestine at 913 E Park Ave, Palestine, TX, 75801 listed at $165,400 pairs $1,471/mo rent with a $810/mo payment to leave $294/mo cash flow. Total monthly income runs $1,471/mo, and annual cash flow reaches $3,532/yr on $54,830 cash to close. Return on cash invested measures 26.35% in year one, and rental yield registers 10.67% at a $165,400 basis. Equity gained on principal adds $1,067/yr, and annual property appreciation at 5% supports $45,697 by year five. Five-year ROI tracks 138.66% and total cumulative return in cash totals $76,025. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,471/mo property income relative to a $810/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75801, Palestine, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,555 (100%) |
| Owner Occupied HU | 4,178 (55.3%) |
| Renter Occupied HU | 2,475 (32.8%) |
| Vacant Housing Units | 902 (11.9%) |
| Median Home Value | $182,082 |
| Average Home Value | $242,206 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,456
Multi-Family
817
Businesses
867
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