309 Elm 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 309 Elm St, Whitesboro, TX, 76273 with 5% annual appreciation on a $215,000 basis while $1,703/mo rent supports operations. Total monthly income totals $1,703/mo and a $1,052/mo payment preserves $174/mo for cash returns. Annual cash flow comes to $2,093/yr on $71,273 deployed, and return on cash invested reaches 22.85% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 9.51%. Five-year ROI measures 119.83% and total cumulative return in cash totals $85,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,703/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
7,318 sqft 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: JON SANDERS • SANDERS REAL ESTATE
Mls Name: NTREIS
Mls ID: #21113186