223 Cheek StMineolaTX75773
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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 Mineola at 223 Cheek St, Mineola, TX, 75773 offers $2,231/mo rent that, after a $1,150/mo payment, leaves $560/mo cash flow. Total monthly income is $2,231/mo, and annual cash flow is $6,724/yr on $77,869 cash. Return on cash invested measures 28.54% in year one, and rental yield stands at 11.4% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 150.4% and total cumulative return in cash reaches $117,117. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,231/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75773, Mineola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,425 (67.0%) |
| Renter Occupied HU | 1,415 (21.4%) |
| Vacant Housing Units | 762 (11.5%) |
| Median Home Value | $226,528 |
| Average Home Value | $273,507 |
Housing Distribution
Address Breakdown
Residential
6,104
Single Family
5,860
Multi-Family
244
Businesses
565
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