408 Leathers LnJewettTX75846
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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 Jewett at 408 Leathers Ln, Jewett, TX, 75846 earns $122/mo cash flow from $1,110/mo rent with a $680/mo payment. Total monthly income totals $1,110/mo, and annual cash flow totals $1,463/yr on $46,079 capital. ROI tracks 23.08% on current figures, and rental yield reads 9.58% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 121.09% and total cumulative return in cash sums $55,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,110/mo property income instead of your personal income.
Manufactured
Built in 1985
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75846, Jewett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 771 (49.2%) |
| Renter Occupied HU | 199 (12.7%) |
| Vacant Housing Units | 596 (38.1%) |
| Median Home Value | $202,778 |
| Average Home Value | $266,514 |
Housing Distribution
Address Breakdown
Residential
892
Single Family
892
Multi-Family
0
Businesses
113
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