LOT 17 Ethel Cemetery RdCollinsvilleTX76233
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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 Collinsville at LOT 17 Ethel Cemetery Rd, Collinsville, TX, 76233 priced at $200,000 converts $3,932/mo rent into $2,510/mo cash flow after a $979/mo obligation. Total monthly income equals $3,932/mo, and annual cash flow totals $30,116/yr on $66,300 invested. Return on cash invested prints 65.33% in year one, and rental yield reads 23.59% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 347.65% and total cumulative return in cash sums $230,492. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,932/mo property income covering a $979/mo payment, not borrower’s personal income.
Lot
Built in N/A
3.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76233, Collinsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,682 (100%) |
| Owner Occupied HU | 1,200 (71.3%) |
| Renter Occupied HU | 378 (22.5%) |
| Vacant Housing Units | 104 ( 6.2%) |
| Median Home Value | $371,233 |
| Average Home Value | $421,963 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,443
Multi-Family
0
Businesses
69
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Listed by: Karen Westfall • Ritchey Real Estate Group
Mls Name: NTREIS
Mls ID: #20617823
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.