11275 Private Road 1200LeonaTX75850
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 Leona at 11275 Private Road 1200, Leona, TX, 75850 generates $1,963/mo in rent, after a $8,316/mo payment. Total monthly income is $1,963/mo. Return on cash invested sits at -1.69% in year one, and rental yield is 1.39% on a $1,699,000 entry. Equity gained on principal adds $10,963/yr, while 5% annual appreciation builds toward $469,402 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,963/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
74.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75850, Leona, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 440 (100%) |
| Owner Occupied HU | 255 (58.0%) |
| Renter Occupied HU | 51 (11.6%) |
| Vacant Housing Units | 134 (30.5%) |
| Median Home Value | $205,412 |
| Average Home Value | $219,569 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Olsen • eXp Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #47830646
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.