16547 Kelton LnIolaTX77861
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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 Iola at 16547 Kelton Ln, Iola, TX, 77861 listed at $733,635 pairs $5,503/mo rent with a $3,591/mo payment to leave $286/mo cash flow. Total monthly income runs $5,503/mo, and annual cash flow reaches $3,429/yr on $241,366 cash to close. Return on cash invested measures 21.48% in year one, and rental yield registers 9% at a $733,635 basis. Equity gained on principal adds $4,734/yr, and annual property appreciation at 5% supports $202,690 by year five. Five-year ROI tracks 112.46% and total cumulative return in cash totals $271,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,503/mo property income relative to a $3,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77861, Iola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,489 (100%) |
| Owner Occupied HU | 1,116 (74.9%) |
| Renter Occupied HU | 157 (10.5%) |
| Vacant Housing Units | 216 (14.5%) |
| Median Home Value | $391,304 |
| Average Home Value | $430,889 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,363
Multi-Family
0
Businesses
59
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Listed by: Jamie Prejean • CENTURY 21 Integra
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24010823
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