340 Knights CirStreetmanTX75859
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Nearby investment properties with comparable prices
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 Streetman at 340 Knights Cir, Streetman, TX, 75859 priced at $850,000 converts $8,994/mo rent into $2,945/mo cash flow after a $4,160/mo obligation. Total monthly income equals $8,994/mo, and annual cash flow totals $35,338/yr on $279,650 invested. Return on cash invested prints 32.7% in year one, and rental yield reads 12.7% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 172.61% and total cumulative return in cash sums $482,698. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,994/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.80 Acres lot
$N/A/sqft
$60 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75859, Streetman, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 926 (59.0%) |
| Renter Occupied HU | 118 ( 7.5%) |
| Vacant Housing Units | 525 (33.5%) |
| Median Home Value | $310,145 |
| Average Home Value | $407,724 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
68
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Listed by: Julie Teel • RE/MAX LakeSide Dreams
Mls Name: NTREIS
Mls ID: #20715062
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.