1633 River RdGoodrichTX77335
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 Goodrich at 1633 River Rd, Goodrich, TX, 77335 priced at $160,000 converts $1,281/mo rent into $143/mo cash flow after a $783/mo obligation. Total monthly income equals $1,281/mo, and annual cash flow totals $1,720/yr on $53,040 invested. Return on cash invested prints 23.15% in year one, and rental yield reads 9.61% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 121.5% and total cumulative return in cash sums $64,442. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,281/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1978
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77335, Goodrich, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,269 (100%) |
| Owner Occupied HU | 748 (58.9%) |
| Renter Occupied HU | 179 (14.1%) |
| Vacant Housing Units | 342 (27.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $228,011 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
687
Multi-Family
1
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maloree Reed • Premier Property Group
Mls Name: HAR
Mls Provider:
Mls ID: #27603919
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.