104 110/204 E 9th StMount PleasantTX75455
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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 Mount Pleasant at 104 110/204 E 9th St, Mount Pleasant, TX, 75455 uses $94,478 cash to close to unlock $4,755/yr annual cash flow and $396/mo monthly cash flow. Total monthly income runs $2,423/mo, and a $1,395/mo payment keeps the spread at $396/mo. Purchase price stands at $285,000, and rental yield measures 10.2% with $2,423/mo rent. Return on cash invested shows 24.94% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 131.07% and total cumulative return in cash records $123,834. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,423/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Multi Family
Built in 1952
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Briseida Solis • Castillo Realty
Mls Name: GTARMLS
Mls ID: #25017664