23319 Peninsula PointFrankstonTX75763
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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 23319 Peninsula Point, Frankston, TX, 75763 generates $1,848/mo in rent and, after a $1,219/mo payment, leaves $77/mo in cash flow. Total monthly income is $1,848/mo, and annual cash flow is $925/yr on $82,544 invested. Return on cash invested sits at 21.03% in year one, and rental yield is 8.91% on a $249,000 entry. Equity gained on principal adds $1,607/yr, while 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 110.13% and total cumulative return in cash sums $90,908. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,848/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
0.83 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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