215 Salt Grass CirPoolvilleTX76487
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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 Poolville at 215 Salt Grass Cir, Poolville, TX, 76487 priced at $289,900 converts $2,046/mo rent into after a $1,419/mo obligation. Total monthly income equals $2,046/mo. Return on cash invested prints 19.71% in year one, and rental yield reads 8.47% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 103.04% and total cumulative return in cash sums $99,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,046/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Manufactured
Built in 2025
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76487, Poolville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,203 (78.4%) |
| Renter Occupied HU | 218 (14.2%) |
| Vacant Housing Units | 114 ( 7.4%) |
| Median Home Value | $318,299 |
| Average Home Value | $356,766 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,802
Multi-Family
0
Businesses
70
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