306 E South StWhitesboroTX76273
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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 Whitesboro at 306 E South St, Whitesboro, TX, 76273 priced at $199,975 converts $1,738/mo rent into $312/mo cash flow after a $979/mo obligation. Total monthly income equals $1,738/mo, and annual cash flow totals $3,745/yr on $66,292 invested. Return on cash invested prints 25.56% in year one, and rental yield reads 10.43% against a $199,975 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,249 by year five. Five-year ROI reaches 134.44% and total cumulative return in cash sums $89,124. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,738/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76273, Whitesboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,795 (100%) |
| Owner Occupied HU | 3,280 (68.4%) |
| Renter Occupied HU | 1,066 (22.2%) |
| Vacant Housing Units | 449 ( 9.4%) |
| Median Home Value | $305,859 |
| Average Home Value | $405,550 |
Housing Distribution
Address Breakdown
Residential
4,416
Single Family
4,340
Multi-Family
76
Businesses
357
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Listed by: Jeremy Scott • Summit Cove Realty, Inc.
Mls Name: NTREIS
Mls ID: #20832277
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.