206 Water StWhitesboroTX76273
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
Rental property for sale in Whitesboro at 206 Water St, Whitesboro, TX, 76273 priced at $250,000 pairs $1,796/mo rent with $18/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,796/mo, and annual cash flow comes to $214/yr on $82,875 invested. Return on cash invested is 20.17% in year one, and rental yield stands at 8.62% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 105.44% and total cumulative return in cash reaches $87,382. For financing, Ziffy Mortgage’s DSCR program evaluates $1,796/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76273, Whitesboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,795 (100%) |
| Owner Occupied HU | 3,280 (68.4%) |
| Renter Occupied HU | 1,066 (22.2%) |
| Vacant Housing Units | 449 ( 9.4%) |
| Median Home Value | $305,859 |
| Average Home Value | $405,550 |
Housing Distribution
Address Breakdown
Residential
4,416
Single Family
4,340
Multi-Family
76
Businesses
357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren McCambridge • Real Estate Shoppe TX, LLC
Mls Name: NTREIS
Mls ID: #21008703
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.