LOT 1 Fm 977 ELeonaTX75850
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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 Leona at LOT 1 Fm 977 E, Leona, TX, 75850 with 5% annual appreciation on a $119,040 basis while $1,428/mo rent supports operations. Total monthly income totals $1,428/mo and a $583/mo payment preserves $581/mo for cash returns. Annual cash flow comes to $6,974/yr on $39,462 deployed, and return on cash invested reaches 37.58% in year one. Equity gained on principal adds $768/yr, and five-year appreciation sums $32,889 alongside rental yield of 14.4%. Five-year ROI measures 198.95% and total cumulative return in cash totals $78,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,428/mo property income versus a $583/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
7.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75850, Leona, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 440 (100%) |
| Owner Occupied HU | 255 (58.0%) |
| Renter Occupied HU | 51 (11.6%) |
| Vacant Housing Units | 134 (30.5%) |
| Median Home Value | $205,412 |
| Average Home Value | $219,569 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
25
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Listed by: Laura Lea Smith • Coldwell Banker Apex, REALTORS
Mls Name: BCSMLS
Mls Provider:
Mls ID: #23011205
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