705 E James StWills PointTX75169
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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 Wills Point at 705 E James St, Wills Point, TX, 75169 with 5% annual appreciation on a $215,000 basis while $1,870/mo rent supports operations. Total monthly income totals $1,870/mo and a $1,052/mo payment preserves $341/mo for cash returns. Annual cash flow comes to $4,097/yr on $71,273 deployed, and return on cash invested reaches 25.66% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 10.44%. Five-year ROI measures 134.9% and total cumulative return in cash totals $96,145.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,870/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75169, Wills Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,834 (100%) |
| Owner Occupied HU | 5,380 (68.7%) |
| Renter Occupied HU | 1,664 (21.2%) |
| Vacant Housing Units | 790 (10.1%) |
| Median Home Value | $230,460 |
| Average Home Value | $317,907 |
Housing Distribution
Address Breakdown
Residential
6,794
Single Family
6,744
Multi-Family
50
Businesses
484
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Listed by: Cindy Hill • Texas Urban Living Realty
Mls Name: NTREIS
Mls ID: #20833605
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.