390 Johnston LnPerrinTX76486
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 Perrin at 390 Johnston Ln, Perrin, TX, 76486 priced at $290,000 pairs $1,693/mo rent with after a $1,419/mo payment. Total monthly income equals $1,693/mo. Return on cash invested is 15.3% in year one, and rental yield stands at 7.01% on a $290,000 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,122 by year five. Five-year ROI measures 79.41% and total cumulative return in cash reaches $76,336. For financing, Ziffy Mortgage’s DSCR program evaluates $1,693/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76486, Perrin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 471 (64.8%) |
| Renter Occupied HU | 94 (12.9%) |
| Vacant Housing Units | 162 (22.3%) |
| Median Home Value | $241,204 |
| Average Home Value | $330,977 |
Housing Distribution
Address Breakdown
Residential
455
Single Family
455
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Petet • MOORE HOME AND RANCH, LLC
Mls Name: NTREIS
Mls ID: #20839491
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.