199 Wood LnPinelandTX75968
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 Pineland at 199 Wood Ln, Pineland, TX, 75968 offers a 8.88% rental yield on a $150,000 purchase with $1,110/mo rent. Total monthly income registers $1,110/mo, and a $734/mo payment leaves $44/mo available for distribution. Annual cash flow reaches $522/yr on $49,725 to close, and return on cash invested stands at 20.96% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 109.74% and total cumulative return in cash at $54,570. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,110/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75968, Pineland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 513 (60.5%) |
| Renter Occupied HU | 144 (17.0%) |
| Vacant Housing Units | 191 (22.5%) |
| Median Home Value | $122,250 |
| Average Home Value | $236,730 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
605
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamison Kogler • Rayburn Realty
Mls Name: LAR
Mls Provider:
Mls ID: #5103101
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.