Gehrig Plan, Noble Ridge : MajorsHoweTX75459
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 Howe at Gehrig Plan, Noble Ridge: Majors, Howe, TX, 75459 priced at $275,999 pairs $2,432/mo rent with $469/mo cash flow after a $1,351/mo payment. Total monthly income equals $2,432/mo, and annual cash flow comes to $5,630/yr on $91,494 invested. Return on cash invested is 26.06% in year one, and rental yield stands at 10.57% on a $275,999 basis. Equity gained on principal adds $1,781/yr, and 5% annual appreciation accumulates to $76,253 by year five. Five-year ROI measures 137.09% and total cumulative return in cash reaches $125,425. For financing, Ziffy Mortgage’s DSCR program evaluates $2,432/mo property income against a $1,351/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75459, Howe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,334 (100%) |
| Owner Occupied HU | 1,560 (66.8%) |
| Renter Occupied HU | 636 (27.2%) |
| Vacant Housing Units | 138 ( 5.9%) |
| Median Home Value | $338,214 |
| Average Home Value | $450,441 |
Housing Distribution
Address Breakdown
Residential
2,068
Single Family
1,936
Multi-Family
132
Businesses
104
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