105 W Spruce StWhitewrightTX75491
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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 Whitewright at 105 W Spruce St, Whitewright, TX, 75491 generates $1,786/mo in rent and, after a $1,052/mo payment, leaves $257/mo in cash flow. Total monthly income is $1,786/mo, and annual cash flow is $3,089/yr on $71,273 invested. Return on cash invested sits at 24.24% in year one, and rental yield is 9.97% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 127.32% and total cumulative return in cash sums $90,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,786/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75491, Whitewright, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 1,894 (73.6%) |
| Renter Occupied HU | 478 (18.6%) |
| Vacant Housing Units | 202 ( 7.8%) |
| Median Home Value | $307,349 |
| Average Home Value | $366,795 |
Housing Distribution
Address Breakdown
Residential
2,223
Single Family
2,183
Multi-Family
40
Businesses
99
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Listed by: Tehila Milenewicz • Competitive Edge Realty LLC
Mls Name: NTREIS
Mls ID: #20917610
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.