1506 County Road 306 #ARainbowTX76077
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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 Rainbow at 1506 County Road 306 #A, Rainbow, TX, 76077 listed at $599,000 pairs $2,832/mo rent with a $2,932/mo payment. Total monthly income runs $2,832/mo. Return on cash invested measures 11.34% in year one, and rental yield registers 5.67% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 58.08% and total cumulative return in cash totals $114,466. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,832/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
5 Acres lot
$N/A/sqft
$60 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76077, Rainbow, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 326 (100%) |
| Owner Occupied HU | 233 (71.5%) |
| Renter Occupied HU | 46 (14.1%) |
| Vacant Housing Units | 47 (14.4%) |
| Median Home Value | $578,125 |
| Average Home Value | $863,487 |
Housing Distribution
Address Breakdown
Residential
151
Single Family
151
Multi-Family
0
Businesses
35
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Listed by: Gayla Reynolds • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #20553103
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.