117 Mack 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
Investment property for sale in Mount Vernon at 117 Mack St, Mount Vernon, TX, 75457 with 5% annual appreciation on a $150,000 basis while $1,470/mo rent supports operations. Total monthly income totals $1,470/mo and a $734/mo payment preserves $404/mo for cash returns. Annual cash flow comes to $4,842/yr on $49,725 deployed, and return on cash invested reaches 29.65% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 11.76%. Five-year ROI measures 156.32% and total cumulative return in cash totals $77,730.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,470/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
1.20 Acres 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: Theresa Preciado • JP & Associates Plano
Mls Name: GTARMLS
Mls ID: #25016467