1123 Verona DrCollege StationTX77845
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
Rental property for sale in College Station at 1123 Verona Dr, College Station, TX, 77845 priced at $340,520 converts $2,984/mo rent into $500/mo cash flow after a $1,667/mo obligation. Total monthly income equals $2,984/mo, and annual cash flow totals $5,996/yr on $112,882 invested. Return on cash invested prints 25.22% in year one, and rental yield reads 10.52% against a $340,520 entry. Equity gained on principal adds $2,197/yr, while 5% annual appreciation compiles into $94,079 by year five. Five-year ROI reaches 132.78% and total cumulative return in cash sums $149,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,984/mo property income covering a $1,667/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77845, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,030 (100%) |
| Owner Occupied HU | 17,803 (55.6%) |
| Renter Occupied HU | 11,643 (36.4%) |
| Vacant Housing Units | 2,584 ( 8.1%) |
| Median Home Value | $384,705 |
| Average Home Value | $443,358 |
Housing Distribution
Address Breakdown
Residential
30,727
Single Family
26,627
Multi-Family
4,100
Businesses
1,596
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Clinton • DR Horton, America's Builder
Mls Name: HAR
Mls Provider:
Mls ID: #87375229
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.