138 S Pohakea DrBastropTX78602
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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 Bastrop at 138 S Pohakea Dr, Bastrop, TX, 78602 offers $2,812/mo rent that, after a $2,092/mo payment. Total monthly income is $2,812/mo. Return on cash invested measures 17.85% in year one, and rental yield stands at 7.89% at a $427,500 entry. Equity gained on principal adds $2,759/yr while 5% annual appreciation compounds into $118,110 by year five. Five-year ROI records 93.09% and total cumulative return in cash reaches $131,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,812/mo property income versus a $2,092/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.35 Acres lot
$N/A/sqft
$15 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Housing Distribution
Address Breakdown
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
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