101 Merri LnWhitehouseTX75791
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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 Whitehouse at 101 Merri Ln, Whitehouse, TX, 75791 uses $71,273 cash to close to unlock $3,701/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,837/mo, and a $1,052/mo payment keeps the spread at $308/mo. Purchase price stands at $215,000, and rental yield measures 10.25% with $1,837/mo rent. Return on cash invested shows 25.1% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 131.93% and total cumulative return in cash records $94,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,837/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 2002
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75791, Whitehouse, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,675 (100%) |
| Owner Occupied HU | 3,948 (69.6%) |
| Renter Occupied HU | 1,462 (25.8%) |
| Vacant Housing Units | 265 ( 4.7%) |
| Median Home Value | $260,651 |
| Average Home Value | $311,670 |
Housing Distribution
Address Breakdown
Residential
5,670
Single Family
5,525
Multi-Family
145
Businesses
444
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Listed by: Emily Thompson • Briggs Freeman Sotheby's International Realty - Dallas
Mls Name: GTARMLS
Mls ID: #25012727