1301 Expressway 83PenitasTX78576
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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 Penitas at 1301 Expressway 83, Penitas, TX, 78576 listed at $385,000 pairs $2,027/mo rent with a $1,884/mo payment. Total monthly income runs $2,027/mo. Return on cash invested measures 13.23% in year one, and rental yield registers 6.32% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 68.23% and total cumulative return in cash totals $87,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,027/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78576, Penitas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,844 (100%) |
| Owner Occupied HU | 2,818 (73.3%) |
| Renter Occupied HU | 636 (16.5%) |
| Vacant Housing Units | 390 (10.1%) |
| Median Home Value | $162,031 |
| Average Home Value | $161,529 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,339
Multi-Family
128
Businesses
173
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