296 Church StAltoTX75925
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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 Alto at 296 Church St, Alto, TX, 75925 priced at $215,000 pairs $1,616/mo rent with $87/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,616/mo, and annual cash flow comes to $1,049/yr on $71,273 invested. Return on cash invested is 21.38% in year one, and rental yield stands at 9.02% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 111.98% and total cumulative return in cash reaches $79,813. For financing, Ziffy Mortgage’s DSCR program evaluates $1,616/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
1.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75925, Alto, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,971 (100%) |
| Owner Occupied HU | 1,181 (59.9%) |
| Renter Occupied HU | 476 (24.2%) |
| Vacant Housing Units | 314 (15.9%) |
| Median Home Value | $191,704 |
| Average Home Value | $267,881 |
Housing Distribution
Address Breakdown
Residential
1,323
Single Family
1,296
Multi-Family
27
Businesses
124
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Listed by: Tim Sansom • United Country Real Estate East Texas Land & Homes
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25008736
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.