102 Lois LnMount 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
Investment property for sale in Mount Vernon at 102 Lois Ln, Mount Vernon, TX, 75457 listed at $110,000 pairs $2,551/mo rent with a $538/mo payment to leave $1,769/mo cash flow. Total monthly income runs $2,551/mo, and annual cash flow reaches $21,230/yr on $36,465 cash to close. Return on cash invested measures 78.13% in year one, and rental yield registers 27.83% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 416.35% and total cumulative return in cash totals $151,824. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,551/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.36 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: Jennifer Hageman • Texas Ally Real Estate Group
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24003054
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.