22 Mimosa LnTeagueTX75860
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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 Teague at 22 Mimosa Ln, Teague, TX, 75860 priced at $210,000 pairs $1,338/mo rent with after a $1,028/mo payment. Total monthly income equals $1,338/mo. Return on cash invested is 17.23% in year one, and rental yield stands at 7.65% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 89.69% and total cumulative return in cash reaches $62,440. For financing, Ziffy Mortgage’s DSCR program evaluates $1,338/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1980
3,354 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75860, Teague, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,492 (100%) |
| Owner Occupied HU | 1,557 (62.5%) |
| Renter Occupied HU | 624 (25.0%) |
| Vacant Housing Units | 311 (12.5%) |
| Median Home Value | $157,856 |
| Average Home Value | $182,646 |
Housing Distribution
Address Breakdown
Residential
2,299
Single Family
2,298
Multi-Family
1
Businesses
207
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Listed by: Taylor German • HoM Realty
Mls Name: NTREIS
Mls ID: #20714634
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.