145 Farmers StSilsbeeTX77656
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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 Silsbee at 145 Farmers St, Silsbee, TX, 77656 priced at $275,000 pairs $3,126/mo rent with $1,170/mo cash flow after a $1,346/mo payment. Total monthly income equals $3,126/mo, and annual cash flow comes to $14,045/yr on $91,163 invested. Return on cash invested is 35.32% in year one, and rental yield stands at 13.64% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 186.69% and total cumulative return in cash reaches $170,195. For financing, Ziffy Mortgage’s DSCR program evaluates $3,126/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
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Listed by: Jennifer Theis • RE/MAX ONE
Mls Name: BBOR
Mls Provider:
Mls ID: #250985
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.