305 N Neches StWhitneyTX76692
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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 Whitney at 305 N Neches St, Whitney, TX, 76692 priced at $180,000 pairs $1,320/mo rent with $40/mo cash flow after a $881/mo payment. Total monthly income equals $1,320/mo, and annual cash flow comes to $480/yr on $59,670 invested. Return on cash invested is 20.71% in year one, and rental yield stands at 8.8% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 108.36% and total cumulative return in cash reaches $64,661. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76692, Whitney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,896 (100%) |
| Owner Occupied HU | 3,761 (63.8%) |
| Renter Occupied HU | 1,075 (18.2%) |
| Vacant Housing Units | 1,060 (18.0%) |
| Median Home Value | $208,810 |
| Average Home Value | $235,824 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
5,079
Multi-Family
56
Businesses
377
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