154 King Lance CtScrogginsTX75480
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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 Scroggins at 154 King Lance Ct, Scroggins, TX, 75480 priced at $979,000 pairs $3,671/mo rent with after a $4,792/mo payment. Total monthly income equals $3,671/mo. Return on cash invested is 7.52% in year one, and rental yield stands at 4.5% on a $979,000 basis. Equity gained on principal adds $6,317/yr, and 5% annual appreciation accumulates to $270,480 by year five. Five-year ROI measures 37.68% and total cumulative return in cash reaches $121,366. For financing, Ziffy Mortgage’s DSCR program evaluates $3,671/mo property income against a $4,792/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
N/A lot
$N/A/sqft
$225 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75480, Scroggins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,052 (100%) |
| Owner Occupied HU | 621 (59.0%) |
| Renter Occupied HU | 101 ( 9.6%) |
| Vacant Housing Units | 330 (31.4%) |
| Median Home Value | $421,812 |
| Average Home Value | $459,332 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
24
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Listed by: Ralph Robertson • Century 21 Butler Real Estate
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24011273
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.