206 N Main StBaileyTX75413
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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 Bailey at 206 N Main St, Bailey, TX, 75413 offers $1,788/mo rent that, after a $1,175/mo payment, leaves $81/mo cash flow. Total monthly income is $1,788/mo, and annual cash flow is $972/yr on $79,560 cash. Return on cash invested measures 21.13% in year one, and rental yield stands at 8.94% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 110.59% and total cumulative return in cash reaches $87,986. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,788/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75413, Bailey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 49 (100%) |
| Owner Occupied HU | 37 (75.5%) |
| Renter Occupied HU | 7 (14.3%) |
| Vacant Housing Units | 5 (10.2%) |
| Median Home Value | $350,000 |
| Average Home Value | $462,297 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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