00 Simpson Ranch RdRungeTX78151
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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
Rental property for sale in Runge at 00 Simpson Ranch Rd, Runge, TX, 78151 priced at $1,027,805 converts $668/mo rent into after a $5,031/mo obligation. Total monthly income equals $668/mo. Return on cash invested prints -3.56% in year one, and rental yield reads 0.78% against a $1,027,805 entry. Equity gained on principal adds $6,632/yr, while 5% annual appreciation compiles into $283,964 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $668/mo property income covering a $5,031/mo payment, not borrower’s personal income.
Single Family
Built in N/A
108.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78151, Runge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 599 (100%) |
| Owner Occupied HU | 322 (53.8%) |
| Renter Occupied HU | 164 (27.4%) |
| Vacant Housing Units | 113 (18.9%) |
| Median Home Value | $221,111 |
| Average Home Value | $255,489 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
28
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