1130 Harris StSilsbeeTX77656
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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 Silsbee at 1130 Harris St, Silsbee, TX, 77656 generates $1,528/mo in rent and, after a $1,045/mo payment, leaves $10/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $114/yr on $70,808 invested. Return on cash invested sits at 20.07% in year one, and rental yield is 8.58% on a $213,600 entry. Equity gained on principal adds $1,378/yr, while 5% annual appreciation builds toward $59,014 over five years. Five-year ROI reaches 104.93% and total cumulative return in cash sums $74,298. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
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Listed by: Brittney Dominick • JLA Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #255490
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.