256 W Houston LnVan AlstyneTX75495
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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 Van Alstyne at 256 W Houston Ln, Van Alstyne, TX, 75495 priced at $220,000 pairs $2,929/mo rent with $1,338/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,929/mo, and annual cash flow comes to $16,060/yr on $72,930 invested. Return on cash invested is 41.93% in year one, and rental yield stands at 15.98% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 222.34% and total cumulative return in cash reaches $162,155. For financing, Ziffy Mortgage’s DSCR program evaluates $2,929/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75495, Van Alstyne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,303 (100%) |
| Owner Occupied HU | 4,241 (80.0%) |
| Renter Occupied HU | 712 (13.4%) |
| Vacant Housing Units | 350 ( 6.6%) |
| Median Home Value | $387,546 |
| Average Home Value | $443,015 |
Housing Distribution
Address Breakdown
Residential
4,656
Single Family
4,253
Multi-Family
403
Businesses
355
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Listed by: JC Young • EXP REALTY
Mls Name: NTREIS
Mls ID: #20691132
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.