163 Niven PathJarrellTX76537
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 Jarrell at 163 Niven Path, Jarrell, TX, 76537 offers $1,798/mo rent that, after a $1,187/mo payment. Total monthly income is $1,798/mo. Return on cash invested measures 18.49% in year one, and rental yield stands at 8.9% at a $242,500 entry. Equity gained on principal adds $1,565/yr while 5% annual appreciation compounds into $66,998 by year five. Five-year ROI records 97.34% and total cumulative return in cash reaches $78,247. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,798/mo property income versus a $1,187/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2020
4,517 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76537, Jarrell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,016 (100%) |
| Owner Occupied HU | 6,922 (86.4%) |
| Renter Occupied HU | 769 ( 9.6%) |
| Vacant Housing Units | 325 ( 4.1%) |
| Median Home Value | $389,538 |
| Average Home Value | $457,281 |
Housing Distribution
Address Breakdown
Residential
7,662
Single Family
7,389
Multi-Family
273
Businesses
333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Girard • Vista Real Estate Salado
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #547411
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2024 Central Texas MLS, All Rights Reserved.