1033 N Johnson StMineolaTX75773
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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 Mineola at 1033 N Johnson St, Mineola, TX, 75773 generates $1,370/mo in rent and, after a $881/mo payment, leaves $90/mo in cash flow. Total monthly income is $1,370/mo, and annual cash flow is $1,080/yr on $59,670 invested. Return on cash invested sits at 21.72% in year one, and rental yield is 9.13% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 113.75% and total cumulative return in cash sums $67,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,370/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75773, Mineola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,425 (67.0%) |
| Renter Occupied HU | 1,415 (21.4%) |
| Vacant Housing Units | 762 (11.5%) |
| Median Home Value | $226,528 |
| Average Home Value | $273,507 |
Housing Distribution
Address Breakdown
Residential
6,104
Single Family
5,860
Multi-Family
244
Businesses
565
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