217 N Texas StPittsburgTX75686
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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 Pittsburg at 217 N Texas St, Pittsburg, TX, 75686 uses $42,764 cash to close to unlock $1,309/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,026/mo, and a $631/mo payment keeps the spread at $109/mo. Purchase price stands at $129,000, and rental yield measures 9.54% with $1,026/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 120.58% and total cumulative return in cash records $51,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,026/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1924
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75686, Pittsburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 3,782 (62.8%) |
| Renter Occupied HU | 1,337 (22.2%) |
| Vacant Housing Units | 907 (15.1%) |
| Median Home Value | $185,662 |
| Average Home Value | $247,663 |
Housing Distribution
Address Breakdown
Residential
5,626
Single Family
5,548
Multi-Family
78
Businesses
486
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