705 E South StItascaTX76055
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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 Itasca at 705 E South St, Itasca, TX, 76055 offers a 7.62% rental yield on a $235,000 purchase with $1,492/mo rent. 15% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 89.32% and total cumulative return in cash at $69,580. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,492/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,268 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Housing Distribution
Address Breakdown
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
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Listed by: Stephanie Crawford • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20899557
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.