632 E Main StPilot PointTX76258
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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 Pilot Point at 632 E Main St, Pilot Point, TX, 76258 priced at $325,000 converts $2,872/mo rent into $561/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,872/mo, and annual cash flow totals $6,727/yr on $107,738 invested. Return on cash invested prints 26.15% in year one, and rental yield reads 10.6% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 137.56% and total cumulative return in cash sums $148,201. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,872/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1860
0.28 Acres 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
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Listed by: Michael Bradshaw • Hometown Real Estate
Mls Name: NTREIS
Mls ID: #20879007
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.