407 Mount Pleasant StPittsburgTX75686
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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 Pittsburg at 407 Mount Pleasant St, Pittsburg, TX, 75686 priced at $294,999 converts $2,036/mo rent into after a $1,444/mo obligation. Total monthly income equals $2,036/mo. Return on cash invested prints 19.15% in year one, and rental yield reads 8.28% against a $294,999 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 100.01% and total cumulative return in cash sums $97,802. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,036/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75686, Pittsburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 3,782 (62.8%) |
| Renter Occupied HU | 1,337 (22.2%) |
| Vacant Housing Units | 907 (15.1%) |
| Median Home Value | $185,662 |
| Average Home Value | $247,663 |
Housing Distribution
Address Breakdown
Residential
5,626
Single Family
5,548
Multi-Family
78
Businesses
486
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