2005 Happy StMount PleasantTX75455
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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 Mount Pleasant at 2005 Happy St, Mount Pleasant, TX, 75455 generates $2,800/mo in rent and, after a $1,786/mo payment, leaves $205/mo in cash flow. Total monthly income is $2,800/mo, and annual cash flow is $2,459/yr on $120,998 invested. Return on cash invested sits at 21.94% in year one, and rental yield is 9.21% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 114.93% and total cumulative return in cash sums $139,063. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Cathy Daniels • Texas Real Estate Executives-Gilmer
Mls Name: GTARMLS
Mls ID: #25017345