101 Katy Lake RdSaint JoTX76265
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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 Saint Jo at 101 Katy Lake Rd, Saint Jo, TX, 76265 uses $35,802 cash to close to unlock $13,579/yr annual cash flow and $1,132/mo monthly cash flow. Total monthly income runs $1,900/mo, and a $529/mo payment keeps the spread at $1,132/mo. Purchase price stands at $108,000, and rental yield measures 21.11% with $1,900/mo rent. Return on cash invested shows 57.84% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 307.48% and total cumulative return in cash records $110,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,900/mo property income covering a $529/mo payment rather than investor’s personal income.
Lot
Built in N/A
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76265, Saint Jo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 582 (60.2%) |
| Renter Occupied HU | 162 (16.8%) |
| Vacant Housing Units | 223 (23.1%) |
| Median Home Value | $258,696 |
| Average Home Value | $332,650 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
79
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Listed by: Melissa McPherson • Major League Realty, Inc.
Mls Name: NTREIS
Mls ID: #20693876
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.