103 Irvin LnMount VernonTX75457
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Nearby investment properties with comparable prices
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 Mount Vernon at 103 Irvin Ln, Mount Vernon, TX, 75457 with 5% annual appreciation on a $189,000 basis while $1,499/mo rent supports operations. Total monthly income totals $1,499/mo and a $925/mo payment preserves $155/mo for cash returns. Annual cash flow comes to $1,861/yr on $62,654 deployed, and return on cash invested reaches 22.88% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 9.52%. Five-year ROI measures 120.05% and total cumulative return in cash totals $75,214.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,499/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
N/A 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: Kristen Davenport • Century 21 Butler Real Estate
Mls Name: GTARMLS
Mls ID: #25009444