520 County Road 1240PittsburgTX75686
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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 520 County Road 1240, Pittsburg, TX, 75686 uses $87,848 cash to close to unlock $4,723/yr annual cash flow and $394/mo monthly cash flow. Total monthly income runs $2,278/mo, and a $1,297/mo payment keeps the spread at $394/mo. Purchase price stands at $265,000, and rental yield measures 10.32% with $2,278/mo rent. Return on cash invested shows 25.29% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 132.9% and total cumulative return in cash records $116,751. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,278/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
10.40 Acres 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: Suzie Castillo • Castillo Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24012975
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.