707 Lake Point LoopPottsboroTX75076
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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 Pottsboro at 707 Lake Point Loop, Pottsboro, TX, 75076 priced at $849,900 converts $4,501/mo rent into after a $4,160/mo obligation. Total monthly income equals $4,501/mo. Return on cash invested prints 13.44% in year one, and rental yield reads 6.36% against a $849,900 entry. Equity gained on principal adds $5,484/yr, while 5% annual appreciation compiles into $234,812 by year five. Five-year ROI reaches 69.34% and total cumulative return in cash sums $193,898. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,501/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75076, Pottsboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,929 (100%) |
| Owner Occupied HU | 2,944 (59.7%) |
| Renter Occupied HU | 786 (15.9%) |
| Vacant Housing Units | 1,199 (24.3%) |
| Median Home Value | $302,573 |
| Average Home Value | $347,542 |
Housing Distribution
Address Breakdown
Residential
3,946
Single Family
3,890
Multi-Family
56
Businesses
291
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