162 Slade DrBruceville EddyTX76630
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
Rental property for sale in Bruceville Eddy at 162 Slade Dr, Bruceville Eddy, TX, 76630 offers $2,294/mo rent that, after a $1,444/mo payment, leaves $196/mo cash flow. Total monthly income is $2,294/mo, and annual cash flow is $2,353/yr on $97,793 cash. Return on cash invested measures 22.32% in year one, and rental yield stands at 9.33% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 116.98% and total cumulative return in cash reaches $114,398. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,294/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76630, Bruceville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 569 (78.3%) |
| Renter Occupied HU | 108 (14.9%) |
| Vacant Housing Units | 50 ( 6.9%) |
| Median Home Value | $360,323 |
| Average Home Value | $400,655 |
Housing Distribution
Address Breakdown
Residential
649
Single Family
649
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Meadows • Graceland Real Estate
Mls Name: NTREIS
Mls ID: #20925044