244 Pipeline RdTrinityTX75862
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Trinity at 244 Pipeline Rd, Trinity, TX, 75862 priced at $175,000 pairs $2,779/mo rent with $1,534/mo cash flow after a $857/mo payment. Total monthly income equals $2,779/mo, and annual cash flow comes to $18,409/yr on $58,013 invested. Return on cash invested is 51.64% in year one, and rental yield stands at 19.06% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 274.3% and total cumulative return in cash reaches $159,127. For financing, Ziffy Mortgage’s DSCR program evaluates $2,779/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75862, Trinity, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,032 (100%) |
| Owner Occupied HU | 3,349 (55.5%) |
| Renter Occupied HU | 866 (14.4%) |
| Vacant Housing Units | 1,817 (30.1%) |
| Median Home Value | $137,235 |
| Average Home Value | $187,427 |
Housing Distribution
Address Breakdown
Residential
4,609
Single Family
4,609
Multi-Family
0
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Salvador Caballero • ListWithFreedom.com
Mls Name: HAR
Mls Provider:
Mls ID: #39434019
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.