902 S Florey AveMount PleasantTX75455
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
Investment property for sale in Mount Pleasant at 902 S Florey Ave, Mount Pleasant, TX, 75455 listed at $246,900 pairs $2,056/mo rent with a $1,208/mo payment to leave $301/mo cash flow. Total monthly income runs $2,056/mo, and annual cash flow reaches $3,608/yr on $81,847 cash to close. Return on cash invested measures 24.32% in year one, and rental yield registers 9.99% at a $246,900 basis. Equity gained on principal adds $1,593/yr, and annual property appreciation at 5% supports $68,214 by year five. Five-year ROI tracks 127.7% and total cumulative return in cash totals $104,517. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,056/mo property income relative to a $1,208/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75455, Mount Pleasant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,571 (100%) |
| Owner Occupied HU | 6,651 (62.9%) |
| Renter Occupied HU | 3,006 (28.4%) |
| Vacant Housing Units | 914 ( 8.6%) |
| Median Home Value | $203,465 |
| Average Home Value | $255,631 |
Housing Distribution
Address Breakdown
Residential
10,216
Single Family
10,005
Multi-Family
211
Businesses
902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A