217 W Jones StKrumTX76249
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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 Krum at 217 W Jones St, Krum, TX, 76249 offers $1,873/mo rent that, after a $1,057/mo payment, leaves $292/mo cash flow. Total monthly income is $1,873/mo, and annual cash flow is $3,509/yr on $71,571 cash. Return on cash invested measures 24.81% in year one, and rental yield stands at 10.41% at a $215,900 entry. Equity gained on principal adds $1,393/yr while 5% annual appreciation compounds into $59,649 by year five. Five-year ROI records 130.66% and total cumulative return in cash reaches $93,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,873/mo property income versus a $1,057/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76249, Krum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,952 (100%) |
| Owner Occupied HU | 3,057 (77.4%) |
| Renter Occupied HU | 744 (18.8%) |
| Vacant Housing Units | 151 ( 3.8%) |
| Median Home Value | $449,381 |
| Average Home Value | $571,968 |
Housing Distribution
Address Breakdown
Residential
3,755
Single Family
3,590
Multi-Family
165
Businesses
218
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Listed by: Flor Ibarra • BlueMark, LLC
Mls Name: NTREIS
Mls ID: #20808968
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.