284 County Road 2388PicktonTX75471
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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 Pickton at 284 County Road 2388, Pickton, TX, 75471 generates $4,260/mo in rent, after a $5,873/mo payment. Total monthly income is $4,260/mo. Return on cash invested sits at 7.18% in year one, and rental yield is 4.26% on a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 35.72% and total cumulative return in cash sums $138,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,260/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
81.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75471, Pickton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 487 (67.3%) |
| Renter Occupied HU | 112 (15.5%) |
| Vacant Housing Units | 125 (17.3%) |
| Median Home Value | $216,818 |
| Average Home Value | $355,796 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
14
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Listed by: Marlin Jones • Freedom Realty
Mls Name: NTREIS
Mls ID: #20918419
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.