1703 Blue Bird AvePenitasTX78576
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 Penitas at 1703 Blue Bird Ave, Penitas, TX, 78576 priced at $175,000 converts $1,353/mo rent into $108/mo cash flow after a $857/mo obligation. Total monthly income equals $1,353/mo, and annual cash flow totals $1,297/yr on $58,013 invested. Return on cash invested prints 22.14% in year one, and rental yield reads 9.28% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 116.12% and total cumulative return in cash sums $67,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,353/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 2005
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices