215 Red Oak DrBrookelandTX75931
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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 Brookeland at 215 Red Oak Dr, Brookeland, TX, 75931 offers $1,586/mo rent that, after a $1,224/mo payment. Total monthly income is $1,586/mo. Return on cash invested measures 17.13% in year one, and rental yield stands at 7.61% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 89.13% and total cumulative return in cash reaches $73,870. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,586/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
2.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75931, Brookeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 932 (46.2%) |
| Renter Occupied HU | 148 ( 7.3%) |
| Vacant Housing Units | 938 (46.5%) |
| Median Home Value | $265,132 |
| Average Home Value | $309,654 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,581
Multi-Family
0
Businesses
75
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Listed by: Denise Quick • Rayburn Realty
Mls Name: LAR
Mls ID: #5107404