1542 County Rd NW #1018Mount VernonTX75457
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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 Vernon at 1542 County Rd NW #1018, Mount Vernon, TX, 75457 earns from $1,884/mo rent with a $2,442/mo payment. Total monthly income totals $1,884/mo. ROI tracks 7.84% on current figures, and rental yield reads 4.53% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 39.31% and total cumulative return in cash sums $65,022. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,884/mo property income instead of your personal income.
Single Family
Built in 1994
27.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75457, Mount Vernon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,078 (100%) |
| Owner Occupied HU | 1,841 (59.8%) |
| Renter Occupied HU | 667 (21.7%) |
| Vacant Housing Units | 570 (18.5%) |
| Median Home Value | $287,695 |
| Average Home Value | $355,964 |
Housing Distribution
Address Breakdown
Residential
2,695
Single Family
2,695
Multi-Family
0
Businesses
292
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Listed by: Pam Swanner • Coldwell Banker Lakehaven, REALTORS
Mls Name: GTARMLS
Mls ID: #25014916