318 County Rd SE #4265Mt VernonTX75457
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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 Mt Vernon at 318 County Rd SE #4265, Mt Vernon, TX, 75457 uses $92,489 cash to close to unlock $5,863/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,473/mo, and a $1,366/mo payment keeps the spread at $489/mo. Purchase price stands at $279,000, and rental yield measures 10.64% with $2,473/mo rent. Return on cash invested shows 26.25% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 138.07% and total cumulative return in cash records $127,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,473/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1980
7.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75457, Mount Vernon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,078 (100%) |
| Owner Occupied HU | 1,841 (59.8%) |
| Renter Occupied HU | 667 (21.7%) |
| Vacant Housing Units | 570 (18.5%) |
| Median Home Value | $287,695 |
| Average Home Value | $355,964 |
Housing Distribution
Address Breakdown
Residential
2,695
Single Family
2,695
Multi-Family
0
Businesses
292
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Listed by: John Beaty • United Country Cain Agency
Mls Name: GTARMLS
Mls Provider:
Mls ID: #25003689
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.