120 Boxwood LnBrookelandTX75931
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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
Rental property for sale in Brookeland at 120 Boxwood Ln, Brookeland, TX, 75931 generates $4,759/mo in rent, after a $3,421/mo payment. Total monthly income is $4,759/mo. Return on cash invested sits at 18.96% in year one, and rental yield is 8.17% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 98.92% and total cumulative return in cash sums $227,498. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,759/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75931, Brookeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 932 (46.2%) |
| Renter Occupied HU | 148 ( 7.3%) |
| Vacant Housing Units | 938 (46.5%) |
| Median Home Value | $265,132 |
| Average Home Value | $309,654 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,581
Multi-Family
0
Businesses
75
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Listed by: Denise Quick • Rayburn Realty
Mls Name: TAR MLS
Mls ID: #210045
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-13 01:42:45 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.