300 S Wall St, Itasca, TX, 76055 | $321/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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300 S Wall St, Itasca, TX, 76055 | $321/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Itasca at 300 S Wall St, Itasca, TX, 76055 generates $1,850/mo in rent and, after a $1,052/mo payment, leaves $321/mo in cash flow. Total monthly income is $1,850/mo, and annual cash flow is $3,857/yr on $71,273 invested. Return on cash invested sits at 25.32% in year one, and rental yield is 10.33% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 133.11% and total cumulative return in cash sums $94,873. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,850/mo property income rather than buyer’s personal income.

Single Family

Built in 1935

9,757 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 300 S Wall Street, a delightful slice of small-town charm nestled in the heart of Itasca, TX. This cozy, craftsmen styled home, blends vintage character with everyday comfort and offers a warm, inviting atmosphere from the moment you arrive. The property sits on a spacious double lot. Inside, you'll find a renovated kitchen, two full, updated bathrooms and a layout that maximizes space and natural light. Cooling is provided by new mini splits, ensuring comfort for all seasons and you'll have peace of mind with the recently completed roof. Also, there's a shop with additional carport out back. Bring all your toys or can be used for storage or whatever your imagination can dream up. Whether you're a first-time buyer, downsizing, or looking for a weekend retreat, this home offers endless possibilities. The generous lot provides ample room for gardening, entertaining, or future expansion. Located just minutes from local schools, shops, and dining, you'll enjoy the convenience of town living with the tranquility of a quiet neighborhood. Don't miss your chance to own a piece of Itasca history. With its timeless appeal and unbeatable value.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,230 (100%)
Owner Occupied HU	809 (65.8%)
Renter Occupied HU	250 (20.3%)
Vacant Housing Units	171 (13.9%)
Median Home Value	$197,877
Average Home Value	$264,509