103 Baker StMount 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
Rental property for sale in Mount Vernon at 103 Baker St, Mount Vernon, TX, 75457 offers $3,799/mo rent that, after a $1,454/mo payment, leaves $1,687/mo cash flow. Total monthly income is $3,799/mo, and annual cash flow is $20,240/yr on $98,456 cash. Return on cash invested measures 40.47% in year one, and rental yield stands at 15.35% at a $297,000 entry. Equity gained on principal adds $1,916/yr while 5% annual appreciation compounds into $82,056 by year five. Five-year ROI records 214.3% and total cumulative return in cash reaches $210,990. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,799/mo property income versus a $1,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
7,492 sqft 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: Carrie Chase Nuckolls • Century 21 First Group
Mls Name: NTREIS
Mls ID: #20682753
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.