209 Bolivar RdEraTX76238
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 Era at 209 Bolivar Rd, Era, TX, 76238 with 5% annual appreciation on a $199,500 basis while $2,074/mo rent supports operations. Total monthly income totals $2,074/mo and a $976/mo payment preserves $656/mo for cash returns. Annual cash flow comes to $7,869/yr on $66,134 deployed, and return on cash invested reaches 31.81% in year one. Equity gained on principal adds $1,287/yr, and five-year appreciation sums $55,118 alongside rental yield of 12.48%. Five-year ROI measures 167.87% and total cumulative return in cash totals $111,019.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,074/mo property income versus a $976/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76238, Era, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 197 (100%) |
| Owner Occupied HU | 153 (77.7%) |
| Renter Occupied HU | 29 (14.7%) |
| Vacant Housing Units | 15 ( 7.6%) |
| Median Home Value | $351,667 |
| Average Home Value | $458,023 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Day • KELLER WILLIAMS REALTY
Mls Name: NTREIS
Mls ID: #20787455
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.