23515 Pinnacle DrOvertonTX75684
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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 Overton at 23515 Pinnacle Dr, Overton, TX, 75684 generates $1,440/mo in rent and, after a $783/mo payment, leaves $302/mo in cash flow. Total monthly income is $1,440/mo, and annual cash flow is $3,628/yr on $53,040 invested. Return on cash invested sits at 26.75% in year one, and rental yield is 10.8% on a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 140.79% and total cumulative return in cash sums $74,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
3.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75684, Overton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,951 (100%) |
| Owner Occupied HU | 1,982 (67.2%) |
| Renter Occupied HU | 578 (19.6%) |
| Vacant Housing Units | 391 (13.2%) |
| Median Home Value | $168,954 |
| Average Home Value | $225,202 |
Housing Distribution
Address Breakdown
Residential
2,616
Single Family
2,616
Multi-Family
0
Businesses
121
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