108 King Victor RdScrogginsTX75480
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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 Scroggins at 108 King Victor Rd, Scroggins, TX, 75480 priced at $299,000 converts $2,152/mo rent into after a $1,463/mo obligation. Total monthly income equals $2,152/mo. Return on cash invested prints 19.02% in year one, and rental yield reads 8.64% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 99.72% and total cumulative return in cash sums $98,842. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,152/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1987
1.20 Acres lot
$N/A/sqft
$300 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75480, Scroggins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,052 (100%) |
| Owner Occupied HU | 621 (59.0%) |
| Renter Occupied HU | 101 ( 9.6%) |
| Vacant Housing Units | 330 (31.4%) |
| Median Home Value | $421,812 |
| Average Home Value | $459,332 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
24
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Listed by: Cindy Green • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20779659
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.