638 E Walcott 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
Investment property for sale in Pilot Point at 638 E Walcott St, Pilot Point, TX, 76258 listed at $165,000 pairs $1,567/mo rent with a $808/mo payment to leave $393/mo cash flow. Total monthly income runs $1,567/mo, and annual cash flow reaches $4,719/yr on $54,698 cash to close. Return on cash invested measures 28.54% in year one, and rental yield registers 11.4% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 150.39% and total cumulative return in cash totals $82,259. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,567/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
7,971 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
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Listed by: Annette Caldwell • Avalon Real Estate, LLC
Mls Name: NTREIS
Mls ID: #21121189