409 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
Rental property for sale in Whitesboro at 409 North Ave, Whitesboro, TX, 76273 generates $1,998/mo in rent and, after a $1,101/mo payment, leaves $371/mo in cash flow. Total monthly income is $1,998/mo, and annual cash flow is $4,455/yr on $74,588 invested. Return on cash invested sits at 25.88% in year one, and rental yield is 10.66% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 136.28% and total cumulative return in cash sums $101,649. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,998/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
9,496 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: #20810163
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.