27 Leona CtScrogginsTX75480
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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 Scroggins at 27 Leona Ct, Scroggins, TX, 75480 generates $2,172/mo in rent, after a $5,629/mo payment. Total monthly income is $2,172/mo. Return on cash invested sits at 0.41% in year one, and rental yield is 2.27% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,172/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
0.56 Acres lot
$N/A/sqft
$2,290 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75480, Scroggins, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,052 (100%) |
| Owner Occupied HU | 621 (59.0%) |
| Renter Occupied HU | 101 ( 9.6%) |
| Vacant Housing Units | 330 (31.4%) |
| Median Home Value | $421,812 |
| Average Home Value | $459,332 |
Housing Distribution
Address Breakdown
Residential
1,061
Single Family
1,061
Multi-Family
0
Businesses
24
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Listed by: Nicole Anderson • Ramsey Realty Group - Lake Cypress Springs
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25006495
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