290 Ila DrPottsboroTX75076
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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 Pottsboro at 290 Ila Dr, Pottsboro, TX, 75076 offers $1,368/mo rent that, after a $1,224/mo payment. Total monthly income is $1,368/mo. Return on cash invested measures 13.86% in year one, and rental yield stands at 6.57% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 71.7% and total cumulative return in cash reaches $59,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,368/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
$90 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75076, Pottsboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,929 (100%) |
| Owner Occupied HU | 2,944 (59.7%) |
| Renter Occupied HU | 786 (15.9%) |
| Vacant Housing Units | 1,199 (24.3%) |
| Median Home Value | $302,573 |
| Average Home Value | $347,542 |
Housing Distribution
Address Breakdown
Residential
3,946
Single Family
3,890
Multi-Family
56
Businesses
291
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Listed by: Bret Bauer • The Bauer Group, LLC
Mls Name: NTREIS
Mls ID: #20834195
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.