61 Martin White LOT 2PinelandTX75968
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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 Pineland at 61 Martin White LOT 2, Pineland, TX, 75968 priced at $109,999 pairs $1,198/mo rent with $416/mo cash flow after a $538/mo payment. Total monthly income equals $1,198/mo, and annual cash flow comes to $4,994/yr on $36,465 invested. Return on cash invested is 33.6% in year one, and rental yield stands at 13.07% on a $109,999 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 177.61% and total cumulative return in cash reaches $64,763. For financing, Ziffy Mortgage’s DSCR program evaluates $1,198/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75968, Pineland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 848 (100%) |
| Owner Occupied HU | 513 (60.5%) |
| Renter Occupied HU | 144 (17.0%) |
| Vacant Housing Units | 191 (22.5%) |
| Median Home Value | $122,250 |
| Average Home Value | $236,730 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
605
Multi-Family
0
Businesses
58
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Listed by: Linh Phan • Keller Williams Signature
Mls Name: HAR
Mls Provider:
Mls ID: #69770762
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