303 Shahan StWhitehouseTX75791
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 Whitehouse at 303 Shahan St, Whitehouse, TX, 75791 listed at $189,500 pairs $2,490/mo rent with a $928/mo payment to leave $1,142/mo cash flow. Total monthly income runs $2,490/mo, and annual cash flow reaches $13,703/yr on $62,819 cash to close. Return on cash invested measures 41.72% in year one, and rental yield registers 15.77% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 221.01% and total cumulative return in cash totals $138,839. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,490/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75791, Whitehouse, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,675 (100%) |
| Owner Occupied HU | 3,948 (69.6%) |
| Renter Occupied HU | 1,462 (25.8%) |
| Vacant Housing Units | 265 ( 4.7%) |
| Median Home Value | $260,651 |
| Average Home Value | $311,670 |
Housing Distribution
Address Breakdown
Residential
5,670
Single Family
5,525
Multi-Family
145
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shanna Williams • Berkshire Hathaway HomeServices Premier Properties
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24007346
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.