124 Lindsey StSilsbeeTX77656
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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 Silsbee at 124 Lindsey St, Silsbee, TX, 77656 priced at $220,000 converts $1,496/mo rent into after a $1,077/mo obligation. Total monthly income equals $1,496/mo. Return on cash invested prints 18.78% in year one, and rental yield reads 8.16% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 98.05% and total cumulative return in cash sums $71,507. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,496/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
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Listed by: Benjamin Rodriguez • Triangle Real Estate, LLC -- 573464
Mls Name: BBOR
Mls Provider:
Mls ID: #261467
Disclaimer: All information provided is deemed reliable but is not guaranteed. 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.