106 W Main StPilot PointTX76258
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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 Pilot Point at 106 W Main St, Pilot Point, TX, 76258 priced at $989,000 pairs $2,062/mo rent with after a $4,841/mo payment. Total monthly income equals $2,062/mo. Return on cash invested is 1.73% in year one, and rental yield stands at 2.5% on a $989,000 basis. Equity gained on principal adds $6,382/yr, and 5% annual appreciation accumulates to $273,242 by year five. Five-year ROI measures 6.52% and total cumulative return in cash reaches $21,210. For financing, Ziffy Mortgage’s DSCR program evaluates $2,062/mo property income against a $4,841/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1800
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76258, Pilot Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 2,711 (73.3%) |
| Renter Occupied HU | 673 (18.2%) |
| Vacant Housing Units | 314 ( 8.5%) |
| Median Home Value | $493,673 |
| Average Home Value | $581,971 |
Housing Distribution
Address Breakdown
Residential
3,438
Single Family
3,358
Multi-Family
80
Businesses
320
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Listed by: Mark Winston Foster • Stanfield Properties
Mls Name: HAR
Mls ID: #97898558