124 Independence AveVenusTX76084
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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
Rental property for sale in Venus at 124 Independence Ave, Venus, TX, 76084 priced at $329,500 pairs $2,728/mo rent with $161/mo cash flow after a $1,613/mo payment. Total monthly income equals $2,728/mo, and annual cash flow comes to $1,933/yr on $109,229 invested. Return on cash invested is 21.68% in year one, and rental yield stands at 9.94% on a $329,500 basis. Equity gained on principal adds $2,126/yr, and 5% annual appreciation accumulates to $91,035 by year five. Five-year ROI measures 114.46% and total cumulative return in cash reaches $125,026. For financing, Ziffy Mortgage’s DSCR program evaluates $2,728/mo property income against a $1,613/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
6,403 sqft lot
$N/A/sqft
$224 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76084, Venus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,458 (100%) |
| Owner Occupied HU | 4,567 (83.7%) |
| Renter Occupied HU | 548 (10.0%) |
| Vacant Housing Units | 343 ( 6.3%) |
| Median Home Value | $329,699 |
| Average Home Value | $357,856 |
Housing Distribution
Address Breakdown
Residential
5,310
Single Family
5,195
Multi-Family
115
Businesses
179
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Listed by: Julie Mckeever • McKeever Real Estate
Mls Name: NTREIS
Mls ID: #20982632
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.