116 Porter CirSavoyTX75479
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
Investment property for sale in Savoy at 116 Porter Cir, Savoy, TX, 75479 uses $44,753 cash to close to unlock $1,017/yr annual cash flow and $85/mo monthly cash flow. Total monthly income runs $1,045/mo, and a $661/mo payment keeps the spread at $85/mo. Purchase price stands at $135,000, and rental yield measures 9.29% with $1,045/mo rent. Return on cash invested shows 22.18% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 116.27% and total cumulative return in cash records $52,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,045/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
9,713 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75479, Savoy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 709 (73.6%) |
| Renter Occupied HU | 141 (14.6%) |
| Vacant Housing Units | 113 (11.7%) |
| Median Home Value | $245,962 |
| Average Home Value | $365,321 |
Housing Distribution
Address Breakdown
Residential
709
Single Family
709
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices