1230 Reed RdBellevueTX76228
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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 Bellevue at 1230 Reed Rd, Bellevue, TX, 76228 listed at $1,700,000 pairs $2,492/mo rent with a $8,321/mo payment. Total monthly income runs $2,492/mo. Return on cash invested measures -0.54% in year one, and rental yield registers 1.76% at a $1,700,000 basis. Equity gained on principal adds $10,970/yr, and annual property appreciation at 5% supports $469,679 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,492/mo property income relative to a $8,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76228, Bellevue, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 571 (100%) |
| Owner Occupied HU | 383 (67.1%) |
| Renter Occupied HU | 65 (11.4%) |
| Vacant Housing Units | 123 (21.5%) |
| Median Home Value | $157,839 |
| Average Home Value | $213,792 |
Housing Distribution
Address Breakdown
Residential
477
Single Family
477
Multi-Family
0
Businesses
24
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Listed by: Elaina Kay Gage • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20703263
Disclaimer: IDX information is provided exclusively for 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.