346 NE County Road 2080Mount 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
Rental property for sale in Mount Vernon at 346 NE County Road 2080, Mount Vernon, TX, 75457 generates $2,476/mo in rent and, after a $932/mo payment, leaves $1,122/mo in cash flow. Total monthly income is $2,476/mo, and annual cash flow is $13,465/yr on $63,091 invested. Return on cash invested sits at 41.25% in year one, and rental yield is 15.61% on a $190,320 entry. Equity gained on principal adds $1,228/yr, while 5% annual appreciation builds toward $52,582 over five years. Five-year ROI reaches 218.57% and total cumulative return in cash sums $137,897. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,476/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
6.54 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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