416 Mesa DrLone OakTX75453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lone Oak at 416 Mesa Dr, Lone Oak, TX, 75453 with 5% annual appreciation on a $310,000 basis while $2,806/mo rent supports operations. Total monthly income totals $2,806/mo and a $1,517/mo payment preserves $602/mo for cash returns. Annual cash flow comes to $7,222/yr on $102,765 deployed, and return on cash invested reaches 26.94% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,647 alongside rental yield of 10.86%. Five-year ROI measures 141.73% and total cumulative return in cash totals $145,651.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,806/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75453, Lone Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,280 (73.7%) |
| Renter Occupied HU | 229 (13.2%) |
| Vacant Housing Units | 228 (13.1%) |
| Median Home Value | $255,014 |
| Average Home Value | $270,705 |
Housing Distribution
Address Breakdown
Residential
1,532
Single Family
1,532
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LeeAnn Doss • Southern Grace Realty
Mls Name: NTREIS
Mls ID: #20971823
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.