62 NorthThomastonTX77989
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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
Investment property for sale in Thomaston at 62 North, Thomaston, TX, 77989 listed at $329,000 pairs $1,562/mo rent with a $1,610/mo payment. Total monthly income runs $1,562/mo. Return on cash invested measures 11.36% in year one, and rental yield registers 5.7% at a $329,000 basis. Equity gained on principal adds $2,123/yr, and annual property appreciation at 5% supports $90,897 by year five. Five-year ROI tracks 58.19% and total cumulative return in cash totals $63,465. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,562/mo property income relative to a $1,610/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
4.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77989, Thomaston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
41
Single Family
1
Multi-Family
0
Businesses
5
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