121 Mechelle StSmithvilleTX78957
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 Smithville at 121 Mechelle St, Smithville, TX, 78957 with 5% annual appreciation on a $505,000 basis while $1,920/mo rent supports operations. 99% in year one. Equity gained on principal adds $3,259/yr, and five-year appreciation sums $139,522 alongside rental yield of 4.56%. Five-year ROI measures 40.11% and total cumulative return in cash totals $66,642. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,920/mo property income versus a $2,472/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
19.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78957, Smithville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,292 (100%) |
| Owner Occupied HU | 3,461 (65.4%) |
| Renter Occupied HU | 1,103 (20.8%) |
| Vacant Housing Units | 728 (13.8%) |
| Median Home Value | $324,812 |
| Average Home Value | $406,026 |
Housing Distribution
Address Breakdown
Residential
4,275
Single Family
4,233
Multi-Family
42
Businesses
344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Gruetzner • Keller Williams Brazos West
Mls Name: Unlock MLS
Mls ID: #5686403