188 Elm StBlessingTX77419
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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
Investment Highlights
Investment property for sale in Blessing at 188 Elm St, Blessing, TX, 77419 offers a 11.74% rental yield on a $159,999 purchase with $1,565/mo rent. Total monthly income registers $1,565/mo, and a $783/mo payment leaves $427/mo available for distribution. Annual cash flow reaches $5,128/yr on $53,040 to close, and return on cash invested stands at 29.58% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 155.95% and total cumulative return in cash at $82,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,565/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77419, Blessing, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 279 (70.1%) |
| Renter Occupied HU | 78 (19.6%) |
| Vacant Housing Units | 41 (10.3%) |
| Median Home Value | $161,738 |
| Average Home Value | $169,355 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
56
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