407 E Main StWhitesboroTX76273
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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 407 E Main St, Whitesboro, TX, 76273 uses $77,903 cash to close to unlock $553/yr annual cash flow and $46/mo monthly cash flow. Total monthly income runs $1,717/mo, and a $1,150/mo payment keeps the spread at $46/mo. Purchase price stands at $235,000, and rental yield measures 8.77% with $1,717/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 107.91% and total cumulative return in cash records $84,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,717/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.50 Acres 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: Todd Booher • SANDERS REAL ESTATE
Mls Name: NTREIS
Mls ID: #21098597