114 Otis StWhitesboroTX76273
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 Whitesboro at 114 Otis St, Whitesboro, TX, 76273 offers $1,878/mo rent that, after a $1,023/mo payment, leaves $392/mo cash flow. Total monthly income is $1,878/mo, and annual cash flow is $4,701/yr on $69,284 cash. Return on cash invested measures 26.69% in year one, and rental yield stands at 10.78% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Five-year ROI records 140.45% and total cumulative return in cash reaches $97,310. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,878/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76273, Whitesboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,795 (100%) |
| Owner Occupied HU | 3,280 (68.4%) |
| Renter Occupied HU | 1,066 (22.2%) |
| Vacant Housing Units | 449 ( 9.4%) |
| Median Home Value | $305,859 |
| Average Home Value | $405,550 |
Housing Distribution
Address Breakdown
Residential
4,416
Single Family
4,340
Multi-Family
76
Businesses
357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Cromer • PREMIERE REAL ESTATE
Mls Name: NTREIS
Mls ID: #21102054