115 Fanthorp StAndersonTX77830
Nearby investment properties with comparable rents
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 Anderson at 115 Fanthorp St, Anderson, TX, 77830 generates $1,469/mo in rent and, after a $734/mo payment, leaves $403/mo in cash flow. Total monthly income is $1,469/mo, and annual cash flow is $4,830/yr on $49,725 invested. Return on cash invested sits at 29.62% in year one, and rental yield is 11.75% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 156.2% and total cumulative return in cash sums $77,670. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,469/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77830, Anderson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,730 (100%) |
| Owner Occupied HU | 1,234 (71.3%) |
| Renter Occupied HU | 204 (11.8%) |
| Vacant Housing Units | 292 (16.9%) |
| Median Home Value | $432,639 |
| Average Home Value | $458,971 |
Housing Distribution
Address Breakdown
Residential
1,392
Single Family
1,392
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Listed by: Scott Frnka • Keller Williams Realty Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #66709224
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.