








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Whitney at 118 Iris Ln, Whitney, TX, 76692 priced at $138,900 pairs $1,256/mo rent with $268/mo cash flow after a $680/mo payment. Total monthly income equals $1,256/mo, and annual cash flow comes to $3,217/yr on $46,045 invested. Return on cash invested is 26.9% in year one, and rental yield stands at 10.85% on a $138,900 basis. Equity gained on principal adds $896/yr, and 5% annual appreciation accumulates to $38,376 by year five. Five-year ROI measures 141.62% and total cumulative return in cash reaches $65,209. For financing, Ziffy Mortgage’s DSCR program evaluates $1,256/mo property income against a $680/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76692, Whitney, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,896 (100%) |
| Owner Occupied HU | 3,761 (63.8%) |
| Renter Occupied HU | 1,075 (18.2%) |
| Vacant Housing Units | 1,060 (18.0%) |
| Median Home Value | $208,810 |
| Average Home Value | $235,824 |
Residential
5,135
Single Family
5,079
Multi-Family
56
Businesses
377
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $138,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $382.53 | N/A | $70,880 | 21.71% |
| 2023-05-29 | N/A | N/A | $58,237 | 10.00% |
| 2022-05-29 | N/A | N/A | $52,943 | 10.00% |



Listed by: Lori Tims • HomeLand Realty
Mls Name: NTREIS
Mls ID: #20950492
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.