202 Mohon DrWhitneyTX76692
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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 Whitney at 202 Mohon Dr, Whitney, TX, 76692 offers $1,973/mo rent that, after a $1,635/mo payment. Total monthly income is $1,973/mo. Return on cash invested measures 15.55% in year one, and rental yield stands at 7.09% at a $334,000 entry. Equity gained on principal adds $2,155/yr while 5% annual appreciation compounds into $92,278 by year five. Five-year ROI records 80.68% and total cumulative return in cash reaches $89,334. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,973/mo property income versus a $1,635/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76692, Whitney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,896 (100%) |
| Owner Occupied HU | 3,761 (63.8%) |
| Renter Occupied HU | 1,075 (18.2%) |
| Vacant Housing Units | 1,060 (18.0%) |
| Median Home Value | $208,810 |
| Average Home Value | $235,824 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
5,079
Multi-Family
56
Businesses
377
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Listed by: Hunter Brooks • Sauer & Associates, Inc.
Mls Name: WMLS
Mls Provider:
Mls ID: #225564
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-12-26 23:55:32 PST