1805 County Rd SE #3285Mount VernonTX75457
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1805 County Rd SE #3285, Mount Vernon, TX, 75457 listed at $1,675,000 pairs $2,520/mo rent with a $8,198/mo payment. Total monthly income runs $2,520/mo. Return on cash invested measures -0.4% in year one, and rental yield registers 1.81% at a $1,675,000 basis. Equity gained on principal adds $10,809/yr, and annual property appreciation at 5% supports $462,772 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,520/mo property income relative to a $8,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Huffstetler • Ebby Halliday, REALTORS - Tyler
Mls Name: GTARMLS
Mls ID: #25008513