104 Lois LnMount VernonTX75457
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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 Vernon at 104 Lois Ln, Mount Vernon, TX, 75457 earns $1,613/mo cash flow from $2,395/mo rent with a $538/mo payment. Total monthly income totals $2,395/mo, and annual cash flow totals $19,358/yr on $36,465 capital. ROI tracks 73% on current figures, and rental yield reads 26.13% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 388.84% and total cumulative return in cash sums $141,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,395/mo property income instead of your personal income.
Single Family
Built in 1994
0.27 Acres 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: Jennifer Hageman • Texas Ally Real Estate Group
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24003053
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.