107 W Bingham RdWhite OakTX75693
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 White Oak at 107 W Bingham Rd, White Oak, TX, 75693 priced at $243,600 pairs $1,928/mo rent with $114/mo cash flow after a $1,192/mo payment. Total monthly income equals $1,928/mo, and annual cash flow comes to $1,373/yr on $80,753 invested. Return on cash invested is 21.61% in year one, and rental yield stands at 9.5% on a $243,600 basis. Equity gained on principal adds $1,572/yr, and 5% annual appreciation accumulates to $67,302 by year five. Five-year ROI measures 113.63% and total cumulative return in cash reaches $91,757. For financing, Ziffy Mortgage’s DSCR program evaluates $1,928/mo property income against a $1,192/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75693, White Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,509 (100%) |
| Owner Occupied HU | 1,610 (64.2%) |
| Renter Occupied HU | 663 (26.4%) |
| Vacant Housing Units | 236 ( 9.4%) |
| Median Home Value | $241,549 |
| Average Home Value | $242,748 |
Housing Distribution
Address Breakdown
Residential
2,412
Single Family
2,412
Multi-Family
0
Businesses
279
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