24559 Pecan DrFrankstonTX75763
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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 Frankston at 24559 Pecan Dr, Frankston, TX, 75763 with 5% annual appreciation on a $199,000 basis while $1,580/mo rent supports operations. Total monthly income totals $1,580/mo and a $974/mo payment preserves $165/mo for cash returns. Annual cash flow comes to $1,979/yr on $65,969 deployed, and return on cash invested reaches 22.91% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 9.53%. Five-year ROI measures 120.14% and total cumulative return in cash totals $79,254.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,580/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
0.34 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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Listed by: Mandy Cole • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20794966
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.