Lot 2 CR 241EvantTX76525
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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 Evant at Lot 2 CR 241, Evant, TX, 76525 earns from $892/mo rent with a $661/mo payment. Total monthly income totals $892/mo. ROI tracks 18.08% on current figures, and rental yield reads 7.93% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 94.28% and total cumulative return in cash sums $42,193. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $892/mo property income instead of your personal income.
Single Family
Built in N/A
12.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76525, Evant, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 371 (59.3%) |
| Renter Occupied HU | 75 (12.0%) |
| Vacant Housing Units | 180 (28.8%) |
| Median Home Value | $297,115 |
| Average Home Value | $415,566 |
Housing Distribution
Address Breakdown
Residential
494
Single Family
494
Multi-Family
0
Businesses
47
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