409 Sycamore StMineolaTX75773
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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 Mineola at 409 Sycamore St, Mineola, TX, 75773 with 5% annual appreciation on a $178,600 basis while $3,793/mo rent supports operations. Total monthly income totals $3,793/mo and a $874/mo payment preserves $2,523/mo for cash returns. Annual cash flow comes to $30,277/yr on $59,206 deployed, and return on cash invested reaches 71.05% in year one. Equity gained on principal adds $1,152/yr, and five-year appreciation sums $49,344 alongside rental yield of 25.48%. Five-year ROI measures 378.36% and total cumulative return in cash totals $224,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,793/mo property income versus a $874/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1936
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75773, Mineola, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,602 (100%) |
| Owner Occupied HU | 4,425 (67.0%) |
| Renter Occupied HU | 1,415 (21.4%) |
| Vacant Housing Units | 762 (11.5%) |
| Median Home Value | $226,528 |
| Average Home Value | $273,507 |
Housing Distribution
Address Breakdown
Residential
6,104
Single Family
5,860
Multi-Family
244
Businesses
565
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Listed by: Alberto Hernandez • StarCrest Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #21980161
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