113 Mockingbird StMount PleasantTX75455
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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 Mount Pleasant at 113 Mockingbird St, Mount Pleasant, TX, 75455 listed at $298,000 pairs $2,393/mo rent with a $1,459/mo payment to leave $273/mo cash flow. Total monthly income runs $2,393/mo, and annual cash flow reaches $3,281/yr on $98,787 cash to close. Return on cash invested measures 23.23% in year one, and rental yield registers 9.64% at a $298,000 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 121.88% and total cumulative return in cash totals $120,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,393/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Garrett Redfearn • Redfearn Real Estate Co
Mls Name: GTARMLS
Mls ID: #25014008