822 County Rd NE #2170Mount VernonTX75457
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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
Total monthly income runs $1,513/mo, and a $1,273/mo payment. Purchase price stands at $260,000, and rental yield measures 6.98% with $1,513/mo rent. Return on cash invested shows 15.23% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 78.95% and total cumulative return in cash records $68,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,513/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 2014
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75457, Mount Vernon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,078 (100%) |
| Owner Occupied HU | 1,841 (59.8%) |
| Renter Occupied HU | 667 (21.7%) |
| Vacant Housing Units | 570 (18.5%) |
| Median Home Value | $287,695 |
| Average Home Value | $355,964 |
Housing Distribution
Address Breakdown
Residential
2,695
Single Family
2,695
Multi-Family
0
Businesses
292
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Listed by: Pam Swanner • Coldwell Banker Lakehaven, REALTORS
Mls Name: GTARMLS
Mls ID: #25010982