1198 Jones Butler Rd APT 709College StationTX77840
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
Investment property for sale in College Station at 1198 Jones Butler Rd APT 709, College Station, TX, 77840 uses $63,814 cash to close to unlock $3,639/yr annual cash flow and $303/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $942/mo payment keeps the spread at $303/mo. Purchase price stands at $192,500, and rental yield measures 10.42% with $1,672/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 134.71% and total cumulative return in cash records $85,961. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $942/mo payment rather than investor’s personal income.
Condo
Built in 2012
2,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77840, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,002 (100%) |
| Owner Occupied HU | 2,203 ( 8.2%) |
| Renter Occupied HU | 20,140 (74.6%) |
| Vacant Housing Units | 4,659 (17.3%) |
| Median Home Value | $310,088 |
| Average Home Value | $383,790 |
Housing Distribution
Address Breakdown
Residential
16,688
Single Family
8,386
Multi-Family
8,302
Businesses
1,194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gennifer Murphy • Miles of Grace Realty LLC
Mls Name: BCSMLS
Mls ID: #26001328