1301 Broadway StJourdantonTX78026
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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 Jourdanton at 1301 Broadway St, Jourdanton, TX, 78026 uses $34,808 cash to close to unlock $819/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $815/mo, and a $514/mo payment keeps the spread at $68/mo. Purchase price stands at $105,000, and rental yield measures 9.31% with $815/mo rent. Return on cash invested shows 22.26% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 116.81% and total cumulative return in cash records $40,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $815/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78026, Jourdanton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,599 (100%) |
| Owner Occupied HU | 1,738 (66.9%) |
| Renter Occupied HU | 621 (23.9%) |
| Vacant Housing Units | 240 ( 9.2%) |
| Median Home Value | $181,538 |
| Average Home Value | $208,628 |
Housing Distribution
Address Breakdown
Residential
2,371
Single Family
2,339
Multi-Family
32
Businesses
290
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