200 E Walcott StPilot PointTX76258
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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
Rental property for sale in Pilot Point at 200 E Walcott St, Pilot Point, TX, 76258 offers $3,268/mo rent that, after a $1,211/mo payment, leaves $1,508/mo cash flow. Total monthly income is $3,268/mo, and annual cash flow is $18,100/yr on $82,046 cash. Return on cash invested measures 41.97% in year one, and rental yield stands at 15.84% at a $247,500 entry. Equity gained on principal adds $1,597/yr while 5% annual appreciation compounds into $68,380 by year five. Five-year ROI records 222.38% and total cumulative return in cash reaches $182,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,268/mo property income versus a $1,211/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76258, Pilot Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 2,711 (73.3%) |
| Renter Occupied HU | 673 (18.2%) |
| Vacant Housing Units | 314 ( 8.5%) |
| Median Home Value | $493,673 |
| Average Home Value | $581,971 |
Housing Distribution
Address Breakdown
Residential
3,438
Single Family
3,358
Multi-Family
80
Businesses
320
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Listed by: Josh Long • RE/MAX Signature Properties, McK
Mls Name: NTREIS
Mls ID: #20571734
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.