302 E 11th StMount pleasantTX75455
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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 Mount pleasant at 302 E 11th St, Mount pleasant, TX, 75455 earns $251/mo cash flow from $1,808/mo rent with a $1,072/mo payment. Total monthly income totals $1,808/mo, and annual cash flow totals $3,007/yr on $72,599 capital. ROI tracks 24.05% on current figures, and rental yield reads 9.91% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 126.3% and total cumulative return in cash sums $91,689. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,808/mo property income instead of your personal income.
Multi Family
Built in 1948
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Charlotte Johnson • Redfearn Real Estate Co
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24011312
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.