302 Arthur StWhitefaceTX79379
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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 Whiteface at 302 Arthur St, Whiteface, TX, 79379 priced at $230,000 pairs $1,692/mo rent with $56/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,692/mo, and annual cash flow comes to $674/yr on $76,245 invested. Return on cash invested is 20.79% in year one, and rental yield stands at 8.83% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 108.86% and total cumulative return in cash reaches $82,999. For financing, Ziffy Mortgage’s DSCR program evaluates $1,692/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79379, Whiteface, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 38 (100%) |
| Owner Occupied HU | 23 (60.5%) |
| Renter Occupied HU | 9 (23.7%) |
| Vacant Housing Units | 6 (15.8%) |
| Median Home Value | $95,000 |
| Average Home Value | $112,826 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
19
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Listed by: Jeanie Brown • Brown Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202408234
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.