398 Avenue #DPtTX75472
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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 Pt at 398 Avenue #D, Pt, TX, 75472 uses $42,929 cash to close to unlock $755/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $984/mo, and a $634/mo payment keeps the spread at $63/mo. Purchase price stands at $129,500, and rental yield measures 9.12% with $984/mo rent. Return on cash invested shows 21.67% in year one, and 5% annual appreciation builds toward $35,778 over five years. Five-year ROI reaches 113.47% and total cumulative return in cash records $48,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $984/mo property income covering a $634/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75472, Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,051 (100%) |
| Owner Occupied HU | 1,411 (68.8%) |
| Renter Occupied HU | 353 (17.2%) |
| Vacant Housing Units | 287 (14.0%) |
| Median Home Value | $185,536 |
| Average Home Value | $226,095 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,748
Multi-Family
0
Businesses
50
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Listed by: Anthony Butcher • 1st Choice Realty
Mls Name: NTREIS
Mls ID: #20596238
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.