942 SE County Road 2240CorsicanaTX75109
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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 Corsicana at 942 SE County Road 2240, Corsicana, TX, 75109 offers a 4.13% rental yield on a $439,250 purchase with $1,513/mo rent. 64% in year one. Equity gained on principal adds $2,834/yr while 5% annual appreciation supports $121,357 over five years. Portfolio math shows five-year ROI at 32.88% and total cumulative return in cash at $47,883. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,513/mo property income against a $2,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75109, Corsicana, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,391 (100%) |
| Owner Occupied HU | 1,693 (70.8%) |
| Renter Occupied HU | 334 (14.0%) |
| Vacant Housing Units | 364 (15.2%) |
| Median Home Value | $284,255 |
| Average Home Value | $384,066 |
Housing Distribution
Address Breakdown
Residential
2,219
Single Family
2,219
Multi-Family
0
Businesses
117
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