208 Summit StSchulenburgTX78956
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
Rental property for sale in Schulenburg at 208 Summit St, Schulenburg, TX, 78956 priced at $199,500 pairs $1,562/mo rent with $144/mo cash flow after a $976/mo payment. Total monthly income equals $1,562/mo, and annual cash flow comes to $1,725/yr on $66,134 invested. Return on cash invested is 22.52% in year one, and rental yield stands at 9.4% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 118.04% and total cumulative return in cash reaches $78,067. For financing, Ziffy Mortgage’s DSCR program evaluates $1,562/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78956, Schulenburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,022 (100%) |
| Owner Occupied HU | 1,816 (60.1%) |
| Renter Occupied HU | 564 (18.7%) |
| Vacant Housing Units | 642 (21.2%) |
| Median Home Value | $277,222 |
| Average Home Value | $383,063 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,343
Multi-Family
59
Businesses
293
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Nearby investment properties with comparable prices
Listed by: Ruth Ann Streiff • Martha Turner Sotheby's International Realty - Round Top
Mls Name: HAR
Mls ID: #66628213