17 LANDMART RANCH LOT 17SmileyTX78159
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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 Smiley at 17 LANDMART RANCH LOT 17, Smiley, TX, 78159 at $110,000 posts ROI 47.89% with $850/mo cash flow from $1,632/mo rent. Total monthly income equals $1,632/mo, and annual cash flow records $10,202/yr on $36,465 to close. Return on cash invested measures 47.89% and rental yield reads 17.8% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 254.18% and total cumulative return in cash totals $92,688.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,632/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78159, Smiley, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 435 (100%) |
| Owner Occupied HU | 268 (61.6%) |
| Renter Occupied HU | 71 (16.3%) |
| Vacant Housing Units | 96 (22.1%) |
| Median Home Value | $125,000 |
| Average Home Value | $273,153 |
Housing Distribution
Address Breakdown
Residential
150
Single Family
150
Multi-Family
0
Businesses
29
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Listed by: James Bigley • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1723969
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.