307 W Main StPilot PointTX76258
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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 Pilot Point at 307 W Main St, Pilot Point, TX, 76258 priced at $109,000 pairs $870/mo rent with $94/mo cash flow after a $534/mo payment. Total monthly income equals $870/mo, and annual cash flow comes to $1,133/yr on $36,134 invested. Return on cash invested is 23.04% in year one, and rental yield stands at 9.58% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 120.94% and total cumulative return in cash reaches $43,702. For financing, Ziffy Mortgage’s DSCR program evaluates $870/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
6,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76258, Pilot Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 2,711 (73.3%) |
| Renter Occupied HU | 673 (18.2%) |
| Vacant Housing Units | 314 ( 8.5%) |
| Median Home Value | $493,673 |
| Average Home Value | $581,971 |
Housing Distribution
Address Breakdown
Residential
3,438
Single Family
3,358
Multi-Family
80
Businesses
320
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Listed by: John Quinones • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20912154
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.