747 Pine Island RdKarnackTX75661
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
Rental property for sale in Karnack at 747 Pine Island Rd, Karnack, TX, 75661 priced at $650,000 pairs $1,121/mo rent with after a $3,181/mo payment. Total monthly income equals $1,121/mo. Return on cash invested is 0.42% in year one, and rental yield stands at 2.07% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,121/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75661, Karnack, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,610 (100%) |
| Owner Occupied HU | 964 (59.9%) |
| Renter Occupied HU | 166 (10.3%) |
| Vacant Housing Units | 480 (29.8%) |
| Median Home Value | $234,167 |
| Average Home Value | $316,465 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,270
Multi-Family
25
Businesses
57
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