122 Sun DanceSmithvilleTX78957
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
Rental property for sale in Smithville at 122 Sun Dance, Smithville, TX, 78957 priced at $115,000 pairs $2,100/mo rent with $1,270/mo cash flow after a $563/mo payment. Total monthly income equals $2,100/mo, and annual cash flow comes to $15,235/yr on $38,123 invested. Return on cash invested is 59.87% in year one, and rental yield stands at 21.91% on a $115,000 basis. Equity gained on principal adds $742/yr, and 5% annual appreciation accumulates to $31,772 by year five. Five-year ROI measures 318.58% and total cumulative return in cash reaches $121,449. For financing, Ziffy Mortgage’s DSCR program evaluates $2,100/mo property income against a $563/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1980
0.25 Acres lot
$N/A/sqft
$150 annually 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: Anahi Jaimes Lopez • JBGoodwin REALTORS NW
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #6952995
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2024-12-27 00:44:37 PST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is 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. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_27)