21-21 Fm 83 LOT 21BroaddusTX75929
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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 Broaddus at 21-21 Fm 83 LOT 21, Broaddus, TX, 75929 offers a 19.25% rental yield on a $100,000 purchase with $1,604/mo rent. Total monthly income registers $1,604/mo, and a $489/mo payment leaves $893/mo available for distribution. Annual cash flow reaches $10,720/yr on $33,150 to close, and return on cash invested stands at 52.25% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 277.55% and total cumulative return in cash at $92,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,604/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75929, Broaddus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 605 (48.7%) |
| Renter Occupied HU | 66 ( 5.3%) |
| Vacant Housing Units | 571 (46.0%) |
| Median Home Value | $144,886 |
| Average Home Value | $291,347 |
Housing Distribution
Address Breakdown
Residential
872
Single Family
872
Multi-Family
0
Businesses
44
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Listed by: April Lendo • Keller Williams of Southeast Texas
Mls Name: HAR
Mls Provider:
Mls ID: #81444053
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