109 E AveWhitneyTX76692
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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
Investment property for sale in Whitney at 109 E Ave, Whitney, TX, 76692 uses $39,614 cash to close to unlock $997/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $933/mo, and a $585/mo payment keeps the spread at $83/mo. Purchase price stands at $119,500, and rental yield measures 9.37% with $933/mo rent. Return on cash invested shows 22.43% in year one, and 5% annual appreciation builds toward $33,016 over five years. Five-year ROI reaches 117.67% and total cumulative return in cash records $46,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $933/mo property income covering a $585/mo payment rather than investor’s personal income.
Manufactured
Built in 1993
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76692, Whitney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,896 (100%) |
| Owner Occupied HU | 3,761 (63.8%) |
| Renter Occupied HU | 1,075 (18.2%) |
| Vacant Housing Units | 1,060 (18.0%) |
| Median Home Value | $208,810 |
| Average Home Value | $235,824 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
5,079
Multi-Family
56
Businesses
377
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