240 Austin LnPollokTX75969
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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 Pollok at 240 Austin Ln, Pollok, TX, 75969 offers $2,946/mo rent that, after a $1,859/mo payment, leaves $245/mo cash flow. Total monthly income is $2,946/mo, and annual cash flow is $2,939/yr on $125,937 cash. Return on cash invested measures 22.24% in year one, and rental yield stands at 9.31% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 116.56% and total cumulative return in cash reaches $146,789. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,946/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75969, Pollok, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,563 (100%) |
| Owner Occupied HU | 1,126 (72.0%) |
| Renter Occupied HU | 235 (15.0%) |
| Vacant Housing Units | 202 (12.9%) |
| Median Home Value | $198,214 |
| Average Home Value | $261,288 |
Housing Distribution
Address Breakdown
Residential
1,553
Single Family
1,553
Multi-Family
0
Businesses
38
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Listed by: Kristi Golden • American Real Estate - ERA Powered
Mls Name: LAR
Mls Provider:
Mls ID: #5102524
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.