506 W Henderson StMount EnterpriseTX75681
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
Rental property for sale in Mount Enterprise at 506 W Henderson St, Mount Enterprise, TX, 75681 priced at $129,900 converts $1,404/mo rent into $480/mo cash flow after a $636/mo obligation. Total monthly income equals $1,404/mo, and annual cash flow totals $5,761/yr on $43,062 invested. Return on cash invested prints 33.29% in year one, and rental yield reads 12.97% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 175.91% and total cumulative return in cash sums $75,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,404/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75681, Mount Enterprise, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,366 (100%) |
| Owner Occupied HU | 977 (71.5%) |
| Renter Occupied HU | 161 (11.8%) |
| Vacant Housing Units | 228 (16.7%) |
| Median Home Value | $194,894 |
| Average Home Value | $253,516 |
Housing Distribution
Address Breakdown
Residential
1,178
Single Family
1,178
Multi-Family
0
Businesses
89
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Nearby investment properties with comparable prices
Listed by: Tara Tillison • L4 Property Group
Mls Name: LGVBOARD
Mls Provider:
Mls ID: #20254070
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