85 BRITE LNPoteetTX78065
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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 Poteet at 85 BRITE LN, Poteet, TX, 78065 offers a 9.11% rental yield on a $105,000 purchase with $797/mo rent. Total monthly income registers $797/mo, and a $514/mo payment leaves $50/mo available for distribution. Annual cash flow reaches $603/yr on $34,808 to close, and return on cash invested stands at 21.64% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 113.5% and total cumulative return in cash at $39,506. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $797/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
1.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78065, Poteet, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,921 (100%) |
| Owner Occupied HU | 3,455 (70.2%) |
| Renter Occupied HU | 877 (17.8%) |
| Vacant Housing Units | 589 (12.0%) |
| Median Home Value | $151,493 |
| Average Home Value | $206,507 |
Housing Distribution
Address Breakdown
Residential
3,614
Single Family
3,580
Multi-Family
34
Businesses
119
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Listed by: Amelia Gallo • Kerr Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1824817
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.