1146 FM 889George WestTX78022
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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
Investment property for sale in George West at 1146 FM 889, George West, TX, 78022 offers a 9.47% rental yield on a $440,000 purchase with $3,472/mo rent. Total monthly income registers $3,472/mo, and a $2,154/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,112/yr on $145,860 to close, and return on cash invested stands at 22.73% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 119.17% and total cumulative return in cash at $173,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,472/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78022, George West, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,131 (100%) |
| Owner Occupied HU | 1,302 (61.1%) |
| Renter Occupied HU | 317 (14.9%) |
| Vacant Housing Units | 512 (24.0%) |
| Median Home Value | $234,783 |
| Average Home Value | $247,475 |
Housing Distribution
Address Breakdown
Residential
1,257
Single Family
1,257
Multi-Family
0
Businesses
247
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Listed by: Jennifer Perez • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1784813
Disclaimer: IDX information is provided exclusively for 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.