1203 S 2nd StGanadoTX77962
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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 Ganado at 1203 S 2nd St, Ganado, TX, 77962 uses $104,091 cash to close to unlock $8,856/yr annual cash flow and $738/mo monthly cash flow. Total monthly income runs $2,971/mo, and a $1,537/mo payment keeps the spread at $738/mo. Purchase price stands at $314,000, and rental yield measures 11.35% with $2,971/mo rent. Return on cash invested shows 28.42% in year one, and 5% annual appreciation builds toward $86,752 over five years. Five-year ROI reaches 149.66% and total cumulative return in cash records $155,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,971/mo property income covering a $1,537/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77962, Ganado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 924 (67.1%) |
| Renter Occupied HU | 282 (20.5%) |
| Vacant Housing Units | 172 (12.5%) |
| Median Home Value | $253,763 |
| Average Home Value | $307,827 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
109
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Listed by: Angela Stancik • ThisIsLivin Properties, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #79713505
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