127 Morgan StPilot PointTX76258
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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 Pilot Point at 127 Morgan St, Pilot Point, TX, 76258 priced at $149,000 converts $1,145/mo rent into $86/mo cash flow after a $729/mo obligation. Total monthly income equals $1,145/mo, and annual cash flow totals $1,029/yr on $49,394 invested. Return on cash invested prints 21.99% in year one, and rental yield reads 9.22% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 115.24% and total cumulative return in cash sums $56,920. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,145/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1930
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76258, Pilot Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 2,711 (73.3%) |
| Renter Occupied HU | 673 (18.2%) |
| Vacant Housing Units | 314 ( 8.5%) |
| Median Home Value | $493,673 |
| Average Home Value | $581,971 |
Housing Distribution
Address Breakdown
Residential
3,438
Single Family
3,358
Multi-Family
80
Businesses
320
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Listed by: Samuel Smithers • White Rock Realty
Mls Name: NTREIS
Mls ID: #20969780