356 Fm 751Wills PointTX75169
Nearby investment properties with comparable rents
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 Wills Point at 356 Fm 751, Wills Point, TX, 75169 generates $1,502/mo in rent, after a $1,884/mo payment. Total monthly income is $1,502/mo. Return on cash invested sits at 8.29% in year one, and rental yield is 4.68% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 41.77% and total cumulative return in cash sums $53,314. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
3.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75169, Wills Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,834 (100%) |
| Owner Occupied HU | 5,380 (68.7%) |
| Renter Occupied HU | 1,664 (21.2%) |
| Vacant Housing Units | 790 (10.1%) |
| Median Home Value | $230,460 |
| Average Home Value | $317,907 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,744
Multi-Family
50
Businesses
484
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaedon Kesterson • Re/MAX Landmark Edgewood
Mls Name: NTREIS
Mls ID: #21030275