510 E State Highway 11Tom BeanTX75489
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 510 E State Highway 11, Tom Bean, TX, 75489 in Tom Bean worth modelling. At $199,999 with a 9.07% gross yield, the $1,512/mo rent leaves $90/mo after the $899/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.68 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $55,256 by year five; $1,842/yr in principal reduction adds further equity. Total projected return: $82,450.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $90 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,512 |
| Total Monthly Debt Service | $1,343 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75489, Tom Bean, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 196 (100%) |
| Owner Occupied HU | 121 (61.7%) |
| Renter Occupied HU | 48 (24.5%) |
| Vacant Housing Units | 27 (13.8%) |
| Median Home Value | $284,722 |
| Average Home Value | $321,632 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1960
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75489, Tom Bean, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 196 (100%) |
| Owner Occupied HU | 121 (61.7%) |
| Renter Occupied HU | 48 (24.5%) |
| Vacant Housing Units | 27 (13.8%) |
| Median Home Value | $284,722 |
| Average Home Value | $321,632 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices