7376 Forest Hill DrFrankstonTX75763
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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 Frankston at 7376 Forest Hill Dr, Frankston, TX, 75763 offers a 9.81% rental yield on a $160,000 purchase with $1,308/mo rent. Total monthly income registers $1,308/mo, and a $783/mo payment leaves $163/mo available for distribution. Annual cash flow reaches $1,954/yr on $53,040 to close, and return on cash invested stands at 23.59% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 123.87% and total cumulative return in cash at $65,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,308/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
$90 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75763, Frankston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,108 (100%) |
| Owner Occupied HU | 2,026 (65.2%) |
| Renter Occupied HU | 506 (16.3%) |
| Vacant Housing Units | 576 (18.5%) |
| Median Home Value | $241,942 |
| Average Home Value | $310,584 |
Housing Distribution
Address Breakdown
Residential
2,546
Single Family
2,542
Multi-Family
4
Businesses
137
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Listed by: Joseph Stacey • The Property Shoppe - eXp Realty, LLC
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24016522
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.