254 S Charles StElm MottTX76640
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
Investment property for sale in Elm Mott at 254 S Charles St, Elm Mott, TX, 76640 at $170,300 posts ROI 22.26% with $111/mo cash flow from $1,322/mo rent. Total monthly income equals $1,322/mo, and annual cash flow records $1,326/yr on $56,454 to close. Return on cash invested measures 22.26% and rental yield reads 9.32% at the current $170,300. Equity gained on principal adds $1,099/yr, and 5% annual appreciation supports $47,051 by year five. Five-year ROI prints 116.69% and total cumulative return in cash totals $65,875.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,322/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76640, Elm Mott, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 984 (73.8%) |
| Renter Occupied HU | 241 (18.1%) |
| Vacant Housing Units | 108 ( 8.1%) |
| Median Home Value | $293,684 |
| Average Home Value | $314,433 |
Housing Distribution
Address Breakdown
Residential
1,091
Single Family
1,091
Multi-Family
0
Businesses
188
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