148 E Boundary StGiddingsTX78942
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Giddings at 148 E Boundary St, Giddings, TX, 78942 uses $62,819 cash to close to unlock $935/yr annual cash flow and $78/mo monthly cash flow. Total monthly income runs $1,426/mo, and a $928/mo payment keeps the spread at $78/mo. Purchase price stands at $189,500, and rental yield measures 9.03% with $1,426/mo rent. Return on cash invested shows 21.4% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 112.03% and total cumulative return in cash records $70,379. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,426/mo property income covering a $928/mo payment rather than investor’s personal income.
Single Family
Built in 1965
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78942, Giddings, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,135 (100%) |
| Owner Occupied HU | 2,609 (63.1%) |
| Renter Occupied HU | 960 (23.2%) |
| Vacant Housing Units | 566 (13.7%) |
| Median Home Value | $264,817 |
| Average Home Value | $315,636 |
Housing Distribution
Address Breakdown
Residential
3,542
Single Family
3,357
Multi-Family
185
Businesses
610
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices