404 W Elm StWhitewrightTX75491
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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 Whitewright at 404 W Elm St, Whitewright, TX, 75491 earns from $1,295/mo rent with a $1,566/mo payment. Total monthly income totals $1,295/mo. ROI tracks 8.82% on current figures, and rental yield reads 4.86% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 44.58% and total cumulative return in cash sums $47,295. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,295/mo property income instead of your personal income.
Single Family
Built in 1920
10,628 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75491, Whitewright, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,574 (100%) |
| Owner Occupied HU | 1,894 (73.6%) |
| Renter Occupied HU | 478 (18.6%) |
| Vacant Housing Units | 202 ( 7.8%) |
| Median Home Value | $307,349 |
| Average Home Value | $366,795 |
Housing Distribution
Address Breakdown
Residential
2,223
Single Family
2,183
Multi-Family
40
Businesses
99
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Listed by: Jonathan Mondragon • JPAR North Metro
Mls Name: NTREIS
Mls ID: #21133861