402 College StLone oakTX75453
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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 Lone oak at 402 College St, Lone oak, TX, 75453 generates $853/mo in rent and, after a $553/mo payment, leaves $50/mo in cash flow. Total monthly income is $853/mo, and annual cash flow is $594/yr on $37,460 invested. Return on cash invested sits at 21.5% in year one, and rental yield is 9.06% on a $113,000 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation builds toward $31,220 over five years. Five-year ROI reaches 112.65% and total cumulative return in cash sums $42,197. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $853/mo property income rather than buyer’s personal income.
Manufactured
Built in 1996
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75453, Lone Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,280 (73.7%) |
| Renter Occupied HU | 229 (13.2%) |
| Vacant Housing Units | 228 (13.1%) |
| Median Home Value | $255,014 |
| Average Home Value | $270,705 |
Housing Distribution
Address Breakdown
Residential
1,532
Single Family
1,532
Multi-Family
0
Businesses
96
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