108 Pine StEddyTX76524
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 Eddy at 108 Pine St, Eddy, TX, 76524 offers $1,778/mo rent that, after a $978/mo payment, leaves $357/mo cash flow. Total monthly income is $1,778/mo, and annual cash flow is $4,283/yr on $66,267 cash. Return on cash invested measures 26.37% in year one, and rental yield stands at 10.67% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 138.69% and total cumulative return in cash reaches $91,909. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,778/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76524, Eddy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,117 (100%) |
| Owner Occupied HU | 889 (79.6%) |
| Renter Occupied HU | 153 (13.7%) |
| Vacant Housing Units | 75 ( 6.7%) |
| Median Home Value | $281,391 |
| Average Home Value | $316,431 |
Housing Distribution
Address Breakdown
Residential
1,036
Single Family
1,036
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices