100 Lynn LnMount VernonTX75457
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
Investment Highlights
Investment property for sale in Mount Vernon at 100 Lynn Ln, Mount Vernon, TX, 75457 offers a 9.46% rental yield on a $159,000 purchase with $1,253/mo rent. Total monthly income registers $1,253/mo, and a $778/mo payment leaves $123/mo available for distribution. Annual cash flow reaches $1,471/yr on $52,709 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 119.05% and total cumulative return in cash at $62,748. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,253/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75457, Mount Vernon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,078 (100%) |
| Owner Occupied HU | 1,841 (59.8%) |
| Renter Occupied HU | 667 (21.7%) |
| Vacant Housing Units | 570 (18.5%) |
| Median Home Value | $287,695 |
| Average Home Value | $355,964 |
Housing Distribution
Address Breakdown
Residential
2,695
Single Family
2,695
Multi-Family
0
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yesennia Tovar • Century 21 First Group
Mls Name: NTREIS
Mls ID: #20728050
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.