123 Leigh LnWhite OakTX75693
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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 White Oak at 123 Leigh Ln, White Oak, TX, 75693 priced at $215,000 converts $2,068/mo rent into $539/mo cash flow after a $1,052/mo obligation. Total monthly income equals $2,068/mo, and annual cash flow totals $6,473/yr on $71,273 invested. Return on cash invested prints 28.99% in year one, and rental yield reads 11.54% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 152.78% and total cumulative return in cash sums $108,889. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,068/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1993
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75693, White Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,509 (100%) |
| Owner Occupied HU | 1,610 (64.2%) |
| Renter Occupied HU | 663 (26.4%) |
| Vacant Housing Units | 236 ( 9.4%) |
| Median Home Value | $241,549 |
| Average Home Value | $242,748 |
Housing Distribution
Address Breakdown
Residential
2,412
Single Family
2,412
Multi-Family
0
Businesses
279
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