21893 Boles RdFrankstonTX75763
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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 Frankston at 21893 Boles Rd, Frankston, TX, 75763 generates $900/mo in rent, after a $1,150/mo payment. Total monthly income is $900/mo. Return on cash invested sits at 8.03% in year one, and rental yield is 4.6% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 40.43% and total cumulative return in cash sums $31,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Manufactured
Built in 1990
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75763, Frankston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,108 (100%) |
| Owner Occupied HU | 2,026 (65.2%) |
| Renter Occupied HU | 506 (16.3%) |
| Vacant Housing Units | 576 (18.5%) |
| Median Home Value | $241,942 |
| Average Home Value | $310,584 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,542
Multi-Family
4
Businesses
137
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