106 Pecan Ridge RdMount 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
Rental property for sale in Mount Vernon at 106 Pecan Ridge Rd, Mount Vernon, TX, 75457 priced at $349,900 pairs $2,105/mo rent with after a $1,713/mo payment. Total monthly income equals $2,105/mo. Return on cash invested is 15.94% in year one, and rental yield stands at 7.22% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 82.8% and total cumulative return in cash reaches $96,042. For financing, Ziffy Mortgage’s DSCR program evaluates $2,105/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
0.67 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: Justin Riley • Coldwell Banker Lakehaven, REALTORS
Mls Name: GTARMLS
Mls ID: #25014335