405 North AveWhitesboroTX76273
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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 Whitesboro at 405 North Ave, Whitesboro, TX, 76273 offers a 13.82% rental yield on a $287,500 purchase with $3,310/mo rent. Total monthly income registers $3,310/mo, and a $1,407/mo payment leaves $1,266/mo available for distribution. Annual cash flow reaches $15,189/yr on $95,306 to close, and return on cash invested stands at 35.85% in year one. Equity gained on principal adds $1,855/yr while 5% annual appreciation supports $79,431 over five years. Portfolio math shows five-year ROI at 189.52% and total cumulative return in cash at $180,623. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,310/mo property income against a $1,407/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76273, Whitesboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,795 (100%) |
| Owner Occupied HU | 3,280 (68.4%) |
| Renter Occupied HU | 1,066 (22.2%) |
| Vacant Housing Units | 449 ( 9.4%) |
| Median Home Value | $305,859 |
| Average Home Value | $405,550 |
Housing Distribution
Address Breakdown
Residential
4,416
Single Family
4,340
Multi-Family
76
Businesses
357
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Listed by: Angela Dick • PARAGON, REALTORS
Mls Name: NTREIS
Mls ID: #20696600
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.