302 Mockingbird StEctorTX75439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ector at 302 Mockingbird St, Ector, TX, 75439 offers a 10.6% rental yield on a $189,900 purchase with $1,678/mo rent. Total monthly income registers $1,678/mo, and a $929/mo payment leaves $328/mo available for distribution. Annual cash flow reaches $3,937/yr on $62,952 to close, and return on cash invested stands at 26.16% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 137.67% and total cumulative return in cash at $86,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,678/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75439, Ector, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 253 (59.7%) |
| Renter Occupied HU | 119 (28.1%) |
| Vacant Housing Units | 52 (12.3%) |
| Median Home Value | $175,735 |
| Average Home Value | $211,700 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
17
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Listed by: Tonya McMikel • Century 21 Harvey Properties-P
Mls Name: NTREIS
Mls ID: #20829901
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.