301 N Main StLeonardTX75452
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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
Investment property for sale in Leonard at 301 N Main St, Leonard, TX, 75452 at $209,000 posts ROI 53.92% with $1,964/mo cash flow from $3,450/mo rent. Total monthly income equals $3,450/mo, and annual cash flow records $23,565/yr on $69,284 to close. Return on cash invested measures 53.92% and rental yield reads 19.81% at the current $209,000. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 by year five. Five-year ROI prints 286.46% and total cumulative return in cash totals $198,470.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75452, Leonard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,459 (69.5%) |
| Renter Occupied HU | 434 (20.7%) |
| Vacant Housing Units | 205 ( 9.8%) |
| Median Home Value | $276,141 |
| Average Home Value | $355,331 |
Housing Distribution
Address Breakdown
Residential
1,861
Single Family
1,830
Multi-Family
31
Businesses
109
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Listed by: Chancelor Alexander • Sudderth Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #20654198
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.