1709 Carter St, Bastrop, TX, 78602 | $529/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1709 Carter St, Bastrop, TX, 78602 | $529/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bastrop at 1709 Carter St, Bastrop, TX, 78602 offers a 11.97% rental yield on a $184,500 purchase with $1,841/mo rent. Total monthly income registers $1,841/mo, and a $903/mo payment leaves $529/mo available for distribution. Annual cash flow reaches $6,348/yr on $61,162 to close, and return on cash invested stands at 30.29% in year one. Equity gained on principal adds $1,191/yr while 5% annual appreciation supports $50,974 over five years. Portfolio math shows five-year ROI at 159.79% and total cumulative return in cash at $97,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,841/mo property income against a $903/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

5,619 sqft lot

$N/A/sqft

No HOA

More details about the property

Great opportunity to own property in downtown Bastrop. This charming 2 - bed, 1-bath home with a sun room was built in 1930 and has been a steady rental for the past decade. Situated on a 0.17-acre lot, the sale also includes an additional parcel with an additional 0.72 acres offering plenty of space and possibilities. The plumbing will need work; attached is an estimate from Osborne Plumbing for the major repair needed. Don't miss your chance to own nearly an acre in the heart of Bastrop.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,506 (100%)
Owner Occupied HU	11,642 (70.5%)
Renter Occupied HU	3,542 (21.5%)
Vacant Housing Units	1,322 ( 8.0%)
Median Home Value	$347,719
Average Home Value	$396,837