314 Cedar 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 314 Cedar St, Mount Pleasant, TX, 75455 offers $2,291/mo rent that, after a $1,319/mo payment, leaves $375/mo cash flow. Total monthly income is $2,291/mo, and annual cash flow is $4,495/yr on $89,339 cash. Return on cash invested measures 24.94% in year one, and rental yield stands at 10.2% at a $269,500 entry. Equity gained on principal adds $1,739/yr while 5% annual appreciation compounds into $74,458 by year five. Five-year ROI records 131.04% and total cumulative return in cash reaches $117,072. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,291/mo property income versus a $1,319/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.30 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: Christine Ballard • River Realty
Mls Name: NTREIS
Mls ID: #20985810
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.