21 Pine Grove RdScrogginsTX75480
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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 Scroggins at 21 Pine Grove Rd, Scroggins, TX, 75480 priced at $195,300 pairs $1,644/mo rent with $255/mo cash flow after a $956/mo payment. Total monthly income equals $1,644/mo, and annual cash flow comes to $3,061/yr on $64,742 invested. Return on cash invested is 24.64% in year one, and rental yield stands at 10.1% on a $195,300 basis. Equity gained on principal adds $1,260/yr, and 5% annual appreciation accumulates to $53,958 by year five. Five-year ROI measures 129.5% and total cumulative return in cash reaches $83,840. For financing, Ziffy Mortgage’s DSCR program evaluates $1,644/mo property income against a $956/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75480, Scroggins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,052 (100%) |
| Owner Occupied HU | 621 (59.0%) |
| Renter Occupied HU | 101 ( 9.6%) |
| Vacant Housing Units | 330 (31.4%) |
| Median Home Value | $421,812 |
| Average Home Value | $459,332 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
24
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