129 County Road 350BroaddusTX75929
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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 Broaddus at 129 County Road 350, Broaddus, TX, 75929 generates $1,912/mo in rent, after a $3,181/mo payment. Total monthly income is $1,912/mo. Return on cash invested sits at 4.85% in year one, and rental yield is 3.53% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 23.31% and total cumulative return in cash sums $49,850. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,912/mo property income rather than buyer’s personal income.
Multi Family
Built in 1987
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75929, Broaddus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 605 (48.7%) |
| Renter Occupied HU | 66 ( 5.3%) |
| Vacant Housing Units | 571 (46.0%) |
| Median Home Value | $144,886 |
| Average Home Value | $291,347 |
Housing Distribution
Address Breakdown
Residential
872
Single Family
872
Multi-Family
0
Businesses
44
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