0 County Road 18DamonTX77430
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 Damon at 0 County Road 18, Damon, TX, 77430 with 5% annual appreciation on a $139,999 basis while $1,993/mo rent supports operations. Total monthly income totals $1,993/mo and a $685/mo payment preserves $998/mo for cash returns. Annual cash flow comes to $11,972/yr on $46,410 deployed, and return on cash invested reaches 45.71% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 17.08%. Five-year ROI measures 242.43% and total cumulative return in cash totals $112,510.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,993/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77430, Damon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 704 (68.3%) |
| Renter Occupied HU | 107 (10.4%) |
| Vacant Housing Units | 219 (21.3%) |
| Median Home Value | $423,077 |
| Average Home Value | $443,864 |
Housing Distribution
Address Breakdown
Residential
729
Single Family
729
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices