102 Oak StLone OakTX75453
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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 Lone Oak at 102 Oak St, Lone Oak, TX, 75453 priced at $189,900 converts $1,492/mo rent into $142/mo cash flow after a $929/mo obligation. Total monthly income equals $1,492/mo, and annual cash flow totals $1,705/yr on $62,952 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 9.43% against a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation compiles into $52,466 by year five. Five-year ROI reaches 118.63% and total cumulative return in cash sums $74,681. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,492/mo property income covering a $929/mo payment, not borrower’s personal income.
Single Family
Built in 1970
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75453, Lone Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,280 (73.7%) |
| Renter Occupied HU | 229 (13.2%) |
| Vacant Housing Units | 228 (13.1%) |
| Median Home Value | $255,014 |
| Average Home Value | $270,705 |
Housing Distribution
Address Breakdown
Residential
1,532
Single Family
1,532
Multi-Family
0
Businesses
96
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Listed by: Dennisha Denney • 3D Real Estate Team - RE/MAX Four Corners
Mls Name: NTREIS
Mls ID: #20670718
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.