215 Pelican PoinStreetmanTX75859
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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
Investment property for sale in Streetman at 215 Pelican Poin, Streetman, TX, 75859 with 5% annual appreciation on a $759,900 basis while $1,979/mo rent supports operations. 43% in year one. Equity gained on principal adds $4,904/yr, and five-year appreciation sums $209,946 alongside rental yield of 3.13%. Five-year ROI measures 15.74% and total cumulative return in cash totals $39,342. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,979/mo property income versus a $3,719/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
1.23 Acres lot
$N/A/sqft
$485 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75859, Streetman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 926 (59.0%) |
| Renter Occupied HU | 118 ( 7.5%) |
| Vacant Housing Units | 525 (33.5%) |
| Median Home Value | $310,145 |
| Average Home Value | $407,724 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
68
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Listed by: Ray Bobo • Keller Williams Lonestar DFW
Mls Name: NTREIS
Mls ID: #20648308
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.