1022 Wortham RdWhitewrightTX75491
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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 Whitewright at 1022 Wortham Rd, Whitewright, TX, 75491 priced at $799,900 converts $2,716/mo rent into after a $3,915/mo obligation. Total monthly income equals $2,716/mo. Return on cash invested prints 6.51% in year one, and rental yield reads 4.07% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 32.16% and total cumulative return in cash sums $84,624. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,716/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
15.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75491, Whitewright, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 1,894 (73.6%) |
| Renter Occupied HU | 478 (18.6%) |
| Vacant Housing Units | 202 ( 7.8%) |
| Median Home Value | $307,349 |
| Average Home Value | $366,795 |
Housing Distribution
Address Breakdown
Residential
2,223
Single Family
2,183
Multi-Family
40
Businesses
99
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Listed by: Theodor Jacobsen • Better Homes and Gardens Real Estate, Winans
Mls Name: NTREIS
Mls ID: #20894499
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.