988 N 2nd StTimpsonTX75975
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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 Timpson at 988 N 2nd St, Timpson, TX, 75975 offers a 0% rental yield on a $149,500 purchase with $0/mo rent. 84% in year one. Equity gained on principal adds $965/yr while 5% annual appreciation supports $41,304 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $732/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75975, Timpson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,751 (100%) |
| Owner Occupied HU | 1,043 (59.6%) |
| Renter Occupied HU | 379 (21.6%) |
| Vacant Housing Units | 329 (18.8%) |
| Median Home Value | $171,833 |
| Average Home Value | $187,066 |
Housing Distribution
Address Breakdown
Residential
1,537
Single Family
1,537
Multi-Family
0
Businesses
117
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