102 MyrtleHarperTX78631
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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 Harper at 102 Myrtle, Harper, TX, 78631 offers $3,000/mo rent that, after a $1,859/mo payment, leaves $299/mo cash flow. Total monthly income is $3,000/mo, and annual cash flow is $3,587/yr on $125,937 cash. Return on cash invested measures 22.76% in year one, and rental yield stands at 9.48% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 119.32% and total cumulative return in cash reaches $150,269. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78631, Harper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 903 (67.8%) |
| Renter Occupied HU | 172 (12.9%) |
| Vacant Housing Units | 257 (19.3%) |
| Median Home Value | $513,281 |
| Average Home Value | $716,938 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
80
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