1901 Lake Point DrMissionTX78572
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
Rental property for sale in Mission at 1901 Lake Point Dr, Mission, TX, 78572 priced at $325,000 converts $1,030/mo rent into after a $1,591/mo obligation. Total monthly income equals $1,030/mo. Return on cash invested prints 5.64% in year one, and rental yield reads 3.8% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 27.52% and total cumulative return in cash sums $29,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,030/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2024
5,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78572, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 35,595 (100%) |
| Owner Occupied HU | 19,579 (55.0%) |
| Renter Occupied HU | 7,871 (22.1%) |
| Vacant Housing Units | 8,145 (22.9%) |
| Median Home Value | $167,541 |
| Average Home Value | $212,677 |
Housing Distribution
Address Breakdown
Residential
33,840
Single Family
25,268
Multi-Family
8,572
Businesses
2,459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices