1299 Blackmon Rd #C482RVan AlstyneTX75495
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 Van Alstyne at 1299 Blackmon Rd #C482R, Van Alstyne, TX, 75495 generates $3,212/mo in rent, after a $4,527/mo payment. Total monthly income is $3,212/mo. Return on cash invested sits at 6.79% in year one, and rental yield is 4.17% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 33.67% and total cumulative return in cash sums $102,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,212/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Theodor Jacobsen • Better Homes and Gardens Real
Mls Name: NTREIS
Mls ID: #21110474