1245 E Us Highway 80MineolaTX75773
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
Rental property for sale in Mineola at 1245 E Us Highway 80, Mineola, TX, 75773 generates $1,249/mo in rent and, after a $788/mo payment, leaves $104/mo in cash flow. Total monthly income is $1,249/mo, and annual cash flow is $1,249/yr on $53,372 invested. Return on cash invested sits at 22.25% in year one, and rental yield is 9.31% on a $161,000 entry. Equity gained on principal adds $1,039/yr, while 5% annual appreciation builds toward $44,481 over five years. Five-year ROI reaches 116.7% and total cumulative return in cash sums $62,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,249/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75773, Mineola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,425 (67.0%) |
| Renter Occupied HU | 1,415 (21.4%) |
| Vacant Housing Units | 762 (11.5%) |
| Median Home Value | $226,528 |
| Average Home Value | $273,507 |
Housing Distribution
Address Breakdown
Residential
6,104
Single Family
5,860
Multi-Family
244
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices