3021 Masters DrMount 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
Rental property for sale in Mount Pleasant at 3021 Masters Dr, Mount Pleasant, TX, 75455 offers $5,057/mo rent that, after a $2,521/mo payment, leaves $1,394/mo cash flow. Total monthly income is $5,057/mo, and annual cash flow is $16,733/yr on $169,435 cash. Return on cash invested measures 29.94% in year one, and rental yield stands at 11.78% at a $514,999 entry. Equity gained on principal adds $3,323/yr while 5% annual appreciation compounds into $142,285 by year five. Five-year ROI records 157.81% and total cumulative return in cash reaches $267,385. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,057/mo property income versus a $2,521/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.35 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: Roy Stovall Jr • Mayben Realty - Mount Pleasant South
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24004662
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.