603 Lafayette 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 603 Lafayette St, Pittsburg, TX, 75686 uses $66,134 cash to close to unlock $1,917/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,578/mo, and a $976/mo payment keeps the spread at $160/mo. Purchase price stands at $199,500, and rental yield measures 9.49% with $1,578/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 119.6% and total cumulative return in cash records $79,099. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,578/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.66 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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