145 Cole LnPilot 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 145 Cole Ln, Pilot Point, TX, 76258 generates $2,699/mo in rent and, after a $1,757/mo payment, leaves $146/mo in cash flow. Total monthly income is $2,699/mo, and annual cash flow is $1,755/yr on $119,009 invested. Return on cash invested sits at 21.38% in year one, and rental yield is 9.02% on a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash sums $133,255. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,699/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
4,791 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: CHANCE KIRBY • IRICK REAL ESTATE
Mls Name: NTREIS
Mls ID: #21078428