137 County Road 2362BagwellTX75412
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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 Bagwell at 137 County Road 2362, Bagwell, TX, 75412 generates $956/mo in rent and, after a $619/mo payment, leaves $57/mo in cash flow. Total monthly income is $956/mo, and annual cash flow is $679/yr on $41,935 invested. Return on cash invested sits at 21.53% in year one, and rental yield is 9.07% on a $126,500 entry. Equity gained on principal adds $816/yr, while 5% annual appreciation builds toward $34,950 over five years. Five-year ROI reaches 112.77% and total cumulative return in cash sums $47,288. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $956/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75412, Bagwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 294 (100%) |
| Owner Occupied HU | 198 (67.3%) |
| Renter Occupied HU | 36 (12.2%) |
| Vacant Housing Units | 60 (20.4%) |
| Median Home Value | $189,474 |
| Average Home Value | $256,780 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
5
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Listed by: Brian Wintermute Jr • Glass Land and Home LLC
Mls Name: NTREIS
Mls ID: #21022692
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.