516 Elm StPittsburgTX75686
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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 Pittsburg at 516 Elm St, Pittsburg, TX, 75686 with 5% annual appreciation on a $242,999 basis while $1,990/mo rent supports operations. Total monthly income totals $1,990/mo and a $1,189/mo payment preserves $262/mo for cash returns. Annual cash flow comes to $3,148/yr on $80,554 deployed, and return on cash invested reaches 23.82% in year one. Equity gained on principal adds $1,568/yr, and five-year appreciation sums $67,136 alongside rental yield of 9.83%. Five-year ROI measures 125.05% and total cumulative return in cash totals $100,736.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,990/mo property income versus a $1,189/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75686, Pittsburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,026 (100%) |
| Owner Occupied HU | 3,782 (62.8%) |
| Renter Occupied HU | 1,337 (22.2%) |
| Vacant Housing Units | 907 (15.1%) |
| Median Home Value | $185,662 |
| Average Home Value | $247,663 |
Housing Distribution
Address Breakdown
Residential
5,626
Single Family
5,548
Multi-Family
78
Businesses
486
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Listed by: Mitch Carter • Mayben Realty, LLC
Mls Name: NTREIS
Mls ID: #20835470
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.