103 Oliver Wendell CtMount 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
Rental property for sale in Mount Vernon at 103 Oliver Wendell Ct, Mount Vernon, TX, 75457 priced at $237,960 pairs $2,539/mo rent with $847/mo cash flow after a $1,165/mo payment. Total monthly income equals $2,539/mo, and annual cash flow comes to $10,158/yr on $78,884 invested. Return on cash invested is 32.79% in year one, and rental yield stands at 12.8% on a $237,960 basis. Equity gained on principal adds $1,536/yr, and 5% annual appreciation accumulates to $65,744 by year five. Five-year ROI measures 173.14% and total cumulative return in cash reaches $136,582. For financing, Ziffy Mortgage’s DSCR program evaluates $2,539/mo property income against a $1,165/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
8,302 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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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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