20420 High PointFlintTX75762
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 Flint at 20420 High Point, Flint, TX, 75762 uses $72,599 cash to close to unlock $18,267/yr annual cash flow and $1,522/mo monthly cash flow. Total monthly income runs $3,088/mo, and a $1,072/mo payment keeps the spread at $1,522/mo. Purchase price stands at $219,000, and rental yield measures 16.92% with $3,088/mo rent. Return on cash invested shows 45.07% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 239.09% and total cumulative return in cash records $173,577. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,088/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75762, Flint, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,331 (100%) |
| Owner Occupied HU | 4,841 (76.5%) |
| Renter Occupied HU | 970 (15.3%) |
| Vacant Housing Units | 520 ( 8.2%) |
| Median Home Value | $349,126 |
| Average Home Value | $398,454 |
Housing Distribution
Address Breakdown
Residential
6,100
Single Family
6,100
Multi-Family
0
Businesses
434
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Antonio Carrillo • Miller Homes Group
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24011365
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.