1007 County Line Rd #2010Mount VernonTX75457
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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 Mount Vernon at 1007 County Line Rd #2010, Mount Vernon, TX, 75457 generates $2,411/mo in rent, after a $1,859/mo payment. Total monthly income is $2,411/mo. Return on cash invested sits at 17.14% in year one, and rental yield is 7.62% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 89.22% and total cumulative return in cash sums $112,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,411/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1.50 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
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Listed by: Rickey Butler • Century 21 Butler Real Estate
Mls Name: NTREIS
Mls ID: #21086856