2300 McNelly LnBurtonTX77835
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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 Burton at 2300 McNelly Ln, Burton, TX, 77835 generates $2,069/mo in rent, after a $1,459/mo payment. Total monthly income is $2,069/mo. Return on cash invested sits at 19.29% in year one, and rental yield is 8.33% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 100.77% and total cumulative return in cash sums $99,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,069/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77835, Burton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,629 (100%) |
| Owner Occupied HU | 936 (57.5%) |
| Renter Occupied HU | 165 (10.1%) |
| Vacant Housing Units | 528 (32.4%) |
| Median Home Value | $514,925 |
| Average Home Value | $598,670 |
Housing Distribution
Address Breakdown
Residential
1,050
Single Family
1,050
Multi-Family
0
Businesses
77
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