11360 Us Highway 287 SPenningtonTX75856
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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 Pennington at 11360 Us Highway 287 S, Pennington, TX, 75856 listed at $1,299,000 pairs $3,061/mo rent with a $6,358/mo payment. Total monthly income runs $3,061/mo. Return on cash invested measures 2.76% in year one, and rental yield registers 2.83% at a $1,299,000 basis. Equity gained on principal adds $8,382/yr, and annual property appreciation at 5% supports $358,890 by year five. Five-year ROI tracks 12.02% and total cumulative return in cash totals $50,593. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,061/mo property income relative to a $6,358/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
155 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75856, Pennington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 100 (100%) |
| Owner Occupied HU | 51 (51.0%) |
| Renter Occupied HU | 15 (15.0%) |
| Vacant Housing Units | 34 (34.0%) |
| Median Home Value | $213,462 |
| Average Home Value | $230,490 |
Housing Distribution
Address Breakdown
Residential
82
Single Family
82
Multi-Family
0
Businesses
9
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Listed by: Salley Wilkinson • Connect Realty.com
Mls Name: HAR
Mls ID: #27759904