310 E 3rd StMount PleasantTX75455
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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 Mount Pleasant at 310 E 3rd St, Mount Pleasant, TX, 75455 priced at $289,000 pairs $2,089/mo rent with $33/mo cash flow after a $1,415/mo payment. Total monthly income equals $2,089/mo, and annual cash flow comes to $401/yr on $95,804 invested. Return on cash invested is 20.33% in year one, and rental yield stands at 8.67% on a $289,000 basis. Equity gained on principal adds $1,865/yr, and 5% annual appreciation accumulates to $79,845 by year five. Five-year ROI measures 106.32% and total cumulative return in cash reaches $101,858. For financing, Ziffy Mortgage’s DSCR program evaluates $2,089/mo property income against a $1,415/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1944
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
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Listed by: Amy Hinton • Hinton Realty
Mls Name: NTREIS
Mls ID: #20969916
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.