1503 Russell StMiamiTX79059
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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
Investment property for sale in Miami at 1503 Russell St, Miami, TX, 79059 with 5% annual appreciation on a $160,000 basis while $1,208/mo rent supports operations. Total monthly income totals $1,208/mo and a $783/mo payment preserves $70/mo for cash returns. Annual cash flow comes to $844/yr on $53,040 deployed, and return on cash invested reaches 21.5% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.06%. Five-year ROI measures 112.63% and total cumulative return in cash totals $59,738.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,208/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79059, Miami, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 430 (100%) |
| Owner Occupied HU | 291 (67.7%) |
| Renter Occupied HU | 55 (12.8%) |
| Vacant Housing Units | 84 (19.5%) |
| Median Home Value | $261,719 |
| Average Home Value | $299,012 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
175
Multi-Family
2
Businesses
44
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