103 E Spurgeon StItascaTX76055
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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 Itasca at 103 E Spurgeon St, Itasca, TX, 76055 earns $270/mo cash flow from $1,870/mo rent with a $1,101/mo payment. Total monthly income totals $1,870/mo, and annual cash flow totals $3,243/yr on $74,588 capital. ROI tracks 24.26% on current figures, and rental yield reads 9.97% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 127.4% and total cumulative return in cash sums $95,025. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,870/mo property income instead of your personal income.
Single Family
Built in 1986
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Housing Distribution
Address Breakdown
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
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Listed by: Jason Bell • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20742534
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.