204 FM 2997Richland SpringsTX76871
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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 Richland Springs at 204 FM 2997, Richland Springs, TX, 76871 listed at $700,200 pairs $0/mo rent with a $3,427/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -5.88% in year one, and rental yield registers 0% at a $700,200 basis. Equity gained on principal adds $4,518/yr, and annual property appreciation at 5% supports $193,452 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $3,427/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
93.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76871, Richland Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 251 (57.6%) |
| Renter Occupied HU | 42 ( 9.6%) |
| Vacant Housing Units | 143 (32.8%) |
| Median Home Value | $240,972 |
| Average Home Value | $547,231 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
29
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No similar rental properties found nearby.
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Listed by: Jerry Burkhart • Ricky McKinnerney, Broker
Mls Name: HLMLS
Mls ID: #176000