208 Broad AveByersTX76357
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Byers at 208 Broad Ave, Byers, TX, 76357 uses $47,239 cash to close to unlock $4,213/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $1,364/mo, and a $697/mo payment keeps the spread at $351/mo. Purchase price stands at $142,500, and rental yield measures 11.49% with $1,364/mo rent. Return on cash invested shows 28.83% in year one, and 5% annual appreciation builds toward $39,370 over five years. Five-year ROI reaches 151.97% and total cumulative return in cash records $71,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,364/mo property income covering a $697/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76357, Byers, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 216 (69.0%) |
| Renter Occupied HU | 40 (12.8%) |
| Vacant Housing Units | 57 (18.2%) |
| Median Home Value | $222,500 |
| Average Home Value | $304,884 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices