115 Yates StMount VernonTX75457
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 Mount Vernon at 115 Yates St, Mount Vernon, TX, 75457 offers $959/mo rent that, after a $612/mo payment, leaves $70/mo cash flow. Total monthly income is $959/mo, and annual cash flow is $839/yr on $41,438 cash. Return on cash invested measures 21.93% in year one, and rental yield stands at 9.21% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 114.89% and total cumulative return in cash reaches $47,609. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $959/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75457, Mount Vernon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,078 (100%) |
| Owner Occupied HU | 1,841 (59.8%) |
| Renter Occupied HU | 667 (21.7%) |
| Vacant Housing Units | 570 (18.5%) |
| Median Home Value | $287,695 |
| Average Home Value | $355,964 |
Housing Distribution
Address Breakdown
Residential
2,695
Single Family
2,695
Multi-Family
0
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trent Montgomery • Trina Griffith & Company Real Estate
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20253606
Disclaimer: Copyright 2025 Longview Area Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.