6799 Fm 1402Mount PleasantTX75455
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
Total monthly income runs $1,177/mo, and a $1,170/mo payment. Purchase price stands at $239,000, and rental yield measures 5.91% with $1,177/mo rent. Return on cash invested shows 11.99% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 61.64% and total cumulative return in cash records $48,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,177/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1941
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jose Rodriguez • Mayben Realty - Mount Pleasant South
Mls Name: GTARMLS
Mls ID: #25015632