306 NW 3rd StMount EnterpriseTX75681
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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
Investment property for sale in Mount Enterprise at 306 NW 3rd St, Mount Enterprise, TX, 75681 earns $421/mo cash flow from $2,184/mo rent with a $1,213/mo payment. Total monthly income totals $2,184/mo, and annual cash flow totals $5,058/yr on $82,179 capital. ROI tracks 26.06% on current figures, and rental yield reads 10.57% at a $247,900 purchase. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,490 over five years. Five-year ROI reaches 137.07% and total cumulative return in cash sums $112,643. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,184/mo property income instead of your personal income.
Single Family
Built in 1948
2.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75681, Mount Enterprise, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 977 (71.5%) |
| Renter Occupied HU | 161 (11.8%) |
| Vacant Housing Units | 228 (16.7%) |
| Median Home Value | $194,894 |
| Average Home Value | $253,516 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,178
Multi-Family
0
Businesses
89
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Listed by: Susan Boyd • Daub Realty
Mls Name: LGVBOARD
Mls ID: #20256756