202 Richards St APT BCollege StationTX77840
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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
Rental property for sale in College Station at 202 Richards St APT B, College Station, TX, 77840 priced at $300,000 converts $1,434/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,434/mo. Return on cash invested prints 11.47% in year one, and rental yield reads 5.74% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 58.81% and total cumulative return in cash sums $58,488. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,434/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1976
5,449 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77840, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,002 (100%) |
| Owner Occupied HU | 2,203 ( 8.2%) |
| Renter Occupied HU | 20,140 (74.6%) |
| Vacant Housing Units | 4,659 (17.3%) |
| Median Home Value | $310,088 |
| Average Home Value | $383,790 |
Housing Distribution
Address Breakdown
Residential
16,688
Single Family
8,386
Multi-Family
8,302
Businesses
1,194
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Listed by: Daniel Parulian • Avodah Commercial Real Estate
Mls Name: BCSMLS
Mls ID: #25010197