189 Watterson RdBastropTX78602
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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 Bastrop at 189 Watterson Rd, Bastrop, TX, 78602 with 5% annual appreciation on a $159,000 basis while $1,226/mo rent supports operations. Total monthly income totals $1,226/mo and a $778/mo payment preserves $96/mo for cash returns. Annual cash flow comes to $1,147/yr on $52,709 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 9.25%. Five-year ROI measures 115.75% and total cumulative return in cash totals $61,008.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,226/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2024
0.25 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
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