353 County Rd NE #2050Mount 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 Mount Vernon at 353 County Rd NE #2050, Mount Vernon, TX, 75457 earns from $2,122/mo rent with a $1,591/mo payment. Total monthly income totals $2,122/mo. ROI tracks 17.8% on current figures, and rental yield reads 7.84% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 92.75% and total cumulative return in cash sums $99,925. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,122/mo property income instead of your personal income.
Single Family
Built in 1984
2.50 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: Scott Sewell • Century 21 Butler Real Estate
Mls Name: GTARMLS
Mls ID: #25012747