402 SW 3rd StMt EnterpriseTX75681
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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 Mt Enterprise at 402 SW 3rd St, Mt Enterprise, TX, 75681 priced at $310,000 pairs $1,974/mo rent with after a $1,517/mo payment. Total monthly income equals $1,974/mo. Return on cash invested is 17.22% in year one, and rental yield stands at 7.64% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 89.64% and total cumulative return in cash reaches $92,119. For financing, Ziffy Mortgage’s DSCR program evaluates $1,974/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75681, Mount Enterprise, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 977 (71.5%) |
| Renter Occupied HU | 161 (11.8%) |
| Vacant Housing Units | 228 (16.7%) |
| Median Home Value | $194,894 |
| Average Home Value | $253,516 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,178
Multi-Family
0
Businesses
89
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Listed by: Stephanie Malott • Etx Realty LLC
Mls Name: Nacogdoches County BOR
Mls Provider:
Mls ID: #22500099
Disclaimer: Copyright Nacogdoches County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.