311 N REED STPleasantonTX78064
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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 Pleasanton at 311 N REED ST, Pleasanton, TX, 78064 generates $1,303/mo in rent and, after a $617/mo payment, leaves $407/mo in cash flow. Total monthly income is $1,303/mo, and annual cash flow is $4,880/yr on $41,769 invested. Return on cash invested sits at 31.59% in year one, and rental yield is 12.41% on a $126,000 entry. Equity gained on principal adds $813/yr, while 5% annual appreciation builds toward $34,811 over five years. Five-year ROI reaches 166.76% and total cumulative return in cash sums $69,655. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,303/mo property income rather than buyer’s personal income.
Manufactured
Built in 2014
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78064, Pleasanton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,772 (100%) |
| Owner Occupied HU | 4,253 (62.8%) |
| Renter Occupied HU | 1,762 (26.0%) |
| Vacant Housing Units | 757 (11.2%) |
| Median Home Value | $214,696 |
| Average Home Value | $228,242 |
Housing Distribution
Address Breakdown
Residential
6,107
Single Family
6,031
Multi-Family
76
Businesses
727
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Listed by: Gary Bisha • My Castle Realty
Mls Name: SABOR
Mls ID: #1833262