447 Mount Pleasant RdHallsvilleTX75650
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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 Hallsville at 447 Mount Pleasant Rd, Hallsville, TX, 75650 priced at $259,900 converts $1,783/mo rent into after a $1,272/mo obligation. Total monthly income equals $1,783/mo. Return on cash invested prints 19% in year one, and rental yield reads 8.23% against a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation compiles into $71,806 by year five. Five-year ROI reaches 99.18% and total cumulative return in cash sums $85,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,783/mo property income covering a $1,272/mo payment, not borrower’s personal income.
Single Family
Built in 1977
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75650, Hallsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,929 (100%) |
| Owner Occupied HU | 2,658 (67.7%) |
| Renter Occupied HU | 979 (24.9%) |
| Vacant Housing Units | 292 ( 7.4%) |
| Median Home Value | $306,281 |
| Average Home Value | $328,313 |
Housing Distribution
Address Breakdown
Residential
4,032
Single Family
3,936
Multi-Family
96
Businesses
238
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Listed by: Kim F Cotton • Drake Chapman Real Estate
Mls Name: LGVBOARD
Mls ID: #20257959