118 King Lance CtScrogginsTX75480
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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 Scroggins at 118 King Lance Ct, Scroggins, TX, 75480 projects strong ROI of -0.73%. Rental yield 1.72%. With 5% annual appreciation, the property builds $954,553 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2006
0.51 Acres lot
$N/A/sqft
$200 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75480, Scroggins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,052 (100%) |
| Owner Occupied HU | 621 (59.0%) |
| Renter Occupied HU | 101 ( 9.6%) |
| Vacant Housing Units | 330 (31.4%) |
| Median Home Value | $421,812 |
| Average Home Value | $459,332 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
24
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Listed by: LeeAnn Sears • NB Elite Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25003889
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.