611 S Jefferson StPilot PointTX76258
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 Pilot Point at 611 S Jefferson St, Pilot Point, TX, 76258 offers $3,232/mo rent that, after a $1,561/mo payment, leaves $854/mo cash flow. Total monthly income is $3,232/mo, and annual cash flow is $10,252/yr on $105,749 cash. Return on cash invested measures 29.6% in year one, and rental yield stands at 12.16% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 156.51% and total cumulative return in cash reaches $165,505. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,232/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76258, Pilot Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,698 (100%) |
| Owner Occupied HU | 2,711 (73.3%) |
| Renter Occupied HU | 673 (18.2%) |
| Vacant Housing Units | 314 ( 8.5%) |
| Median Home Value | $493,673 |
| Average Home Value | $581,971 |
Housing Distribution
Address Breakdown
Residential
3,438
Single Family
3,358
Multi-Family
80
Businesses
320
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tabatha Polley • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20681745
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.