1423 Fm 1512JewettTX75846
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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 Jewett at 1423 Fm 1512, Jewett, TX, 75846 generates $700/mo in rent, after a $683/mo payment. Total monthly income is $700/mo. Return on cash invested sits at 12.33% in year one, and rental yield is 6.02% on a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 63.41% and total cumulative return in cash sums $29,325. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $700/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
4.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75846, Jewett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,566 (100%) |
| Owner Occupied HU | 771 (49.2%) |
| Renter Occupied HU | 199 (12.7%) |
| Vacant Housing Units | 596 (38.1%) |
| Median Home Value | $202,778 |
| Average Home Value | $266,514 |
Housing Distribution
Address Breakdown
Residential
892
Single Family
892
Multi-Family
0
Businesses
113
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Listed by: Phyllis Steger • Lake Homes Realty, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #86483062
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