1011 6th StChestervilleTX77435
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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 Chesterville at 1011 6th St, Chesterville, TX, 77435 generates $1,448/mo in rent and, after a $881/mo payment, leaves $168/mo in cash flow. Total monthly income is $1,448/mo, and annual cash flow is $2,016/yr on $59,670 invested. Return on cash invested sits at 23.29% in year one, and rental yield is 9.65% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 122.16% and total cumulative return in cash sums $72,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,448/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77435, East Bernard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,411 (100%) |
| Owner Occupied HU | 1,776 (73.7%) |
| Renter Occupied HU | 400 (16.6%) |
| Vacant Housing Units | 235 ( 9.7%) |
| Median Home Value | $348,726 |
| Average Home Value | $391,356 |
Housing Distribution
Address Breakdown
Residential
1,838
Single Family
1,838
Multi-Family
0
Businesses
180
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Listed by: Marlene Sulak • JLA Realty
Mls Name: HAR
Mls ID: #55978217