306 Quitman StPittsburgTX75686
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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 Pittsburg at 306 Quitman St, Pittsburg, TX, 75686 priced at $439,000 converts $2,815/mo rent into after a $2,149/mo obligation. Total monthly income equals $2,815/mo. Return on cash invested prints 17.38% in year one, and rental yield reads 7.69% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 90.46% and total cumulative return in cash sums $131,648. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,815/mo property income covering a $2,149/mo payment, not borrower’s personal income.
Single Family
Built in 1956
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75686, Pittsburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 3,782 (62.8%) |
| Renter Occupied HU | 1,337 (22.2%) |
| Vacant Housing Units | 907 (15.1%) |
| Median Home Value | $185,662 |
| Average Home Value | $247,663 |
Housing Distribution
Address Breakdown
Residential
5,626
Single Family
5,548
Multi-Family
78
Businesses
486
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Listed by: Mitch Mayben • Mayben Realty - Pittsburg
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25001840
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.