1601 Ruby StPenitasTX78576
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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 Penitas at 1601 Ruby St, Penitas, TX, 78576 with 5% annual appreciation on a $400,000 basis while $2,213/mo rent supports operations. 19% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 6.64%. Five-year ROI measures 73.41% and total cumulative return in cash totals $97,348. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,213/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78576, Penitas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,844 (100%) |
| Owner Occupied HU | 2,818 (73.3%) |
| Renter Occupied HU | 636 (16.5%) |
| Vacant Housing Units | 390 (10.1%) |
| Median Home Value | $162,031 |
| Average Home Value | $161,529 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,339
Multi-Family
128
Businesses
173
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