11300 Massey RdPilot PointTX76258
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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 Pilot Point at 11300 Massey Rd, Pilot Point, TX, 76258 generates $2,717/mo in rent, after a $2,570/mo payment. Total monthly income is $2,717/mo. Return on cash invested sits at 13% in year one, and rental yield is 6.21% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 66.98% and total cumulative return in cash sums $115,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,717/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76258, Pilot Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 2,711 (73.3%) |
| Renter Occupied HU | 673 (18.2%) |
| Vacant Housing Units | 314 ( 8.5%) |
| Median Home Value | $493,673 |
| Average Home Value | $581,971 |
Housing Distribution
Address Breakdown
Residential
3,438
Single Family
3,358
Multi-Family
80
Businesses
320
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Listed by: Chuck Roberts • EXP Realty, LLC
Mls Name: NTREIS
Mls ID: #21122028