217 Devonshire DrMount PleasantTX75455
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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 Mount Pleasant at 217 Devonshire Dr, Mount Pleasant, TX, 75455 priced at $739,900 converts $3,672/mo rent into after a $3,621/mo obligation. Total monthly income equals $3,672/mo. Return on cash invested prints 12.23% in year one, and rental yield reads 5.96% against a $739,900 entry. Equity gained on principal adds $4,774/yr, while 5% annual appreciation compiles into $204,421 by year five. Five-year ROI reaches 62.83% and total cumulative return in cash sums $152,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,672/mo property income covering a $3,621/mo payment, not borrower’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Ino Mejia • Century 21 Premier Group
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25009893
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.