308 E Main 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
Investment property for sale in Whitesboro at 308 E Main St, Whitesboro, TX, 76273 offers a 9.6% rental yield on a $209,500 purchase with $1,676/mo rent. Total monthly income registers $1,676/mo, and a $1,025/mo payment leaves $187/mo available for distribution. Annual cash flow reaches $2,239/yr on $69,449 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $1,352/yr while 5% annual appreciation supports $57,881 over five years. Portfolio math shows five-year ROI at 121.35% and total cumulative return in cash at $84,279. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,676/mo property income against a $1,025/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
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: Marilyn Williams • C-21 DEAN GILBERT, REALTORS
Mls Name: NTREIS
Mls ID: #21097779