233 Salt Grass CirPoolvilleTX76487
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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
Investment property for sale in Poolville at 233 Salt Grass Cir, Poolville, TX, 76487 with 5% annual appreciation on a $276,000 basis while $2,958/mo rent supports operations. Total monthly income totals $2,958/mo and a $1,351/mo payment preserves $995/mo for cash returns. Annual cash flow comes to $11,942/yr on $91,494 deployed, and return on cash invested reaches 32.96% in year one. Equity gained on principal adds $1,781/yr, and five-year appreciation sums $76,254 alongside rental yield of 12.86%. Five-year ROI measures 174.1% and total cumulative return in cash totals $159,289.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,958/mo property income versus a $1,351/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2023
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76487, Poolville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,535 (100%) |
| Owner Occupied HU | 1,203 (78.4%) |
| Renter Occupied HU | 218 (14.2%) |
| Vacant Housing Units | 114 ( 7.4%) |
| Median Home Value | $318,299 |
| Average Home Value | $356,766 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,802
Multi-Family
0
Businesses
70
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Listed by: Steven Bradbury • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20745698
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.