1503 S Williams AveMount PleasantTX75455
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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 Mount Pleasant at 1503 S Williams Ave, Mount Pleasant, TX, 75455 offers a 9.87% rental yield on a $248,000 purchase with $2,040/mo rent. Total monthly income registers $2,040/mo, and a $1,214/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,315/yr on $82,212 to close, and return on cash invested stands at 23.94% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 125.71% and total cumulative return in cash at $103,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,040/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Jose Rodriguez • Mayben Realty - Mount Pleasant South
Mls Name: GTARMLS
Mls ID: #25014308