127 Summer Place CirPottsboroTX75076
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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 Pottsboro at 127 Summer Place Cir, Pottsboro, TX, 75076 uses $72,897 cash to close to unlock $2,683/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $2,197/mo, and a $1,076/mo payment keeps the spread at $224/mo. Purchase price stands at $219,900, and rental yield measures 11.99% with $2,197/mo rent. Return on cash invested shows 23.59% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 126.25% and total cumulative return in cash records $92,032. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,197/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$410 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75076, Pottsboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,929 (100%) |
| Owner Occupied HU | 2,944 (59.7%) |
| Renter Occupied HU | 786 (15.9%) |
| Vacant Housing Units | 1,199 (24.3%) |
| Median Home Value | $302,573 |
| Average Home Value | $347,542 |
Housing Distribution
Address Breakdown
Residential
3,946
Single Family
3,890
Multi-Family
56
Businesses
291
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Listed by: Lainie Ramsey • Homes By Lainie Real Estate Group
Mls Name: NTREIS
Mls ID: #20928587
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.