211 Feder Way LOT 3West PtTX78963
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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 West Pt at 211 Feder Way LOT 3, West Pt, TX, 78963 priced at $175,000 converts $2,148/mo rent into $861/mo cash flow after a $857/mo obligation. Total monthly income equals $2,148/mo, and annual cash flow totals $10,337/yr on $58,013 invested. Return on cash invested prints 37.73% in year one, and rental yield reads 14.73% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 199.98% and total cumulative return in cash sums $116,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,148/mo property income covering a $857/mo payment, not borrower’s personal income.
Lot
Built in N/A
3.80 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78963, West Point, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 421 (100%) |
| Owner Occupied HU | 332 (78.9%) |
| Renter Occupied HU | 25 ( 5.9%) |
| Vacant Housing Units | 64 (15.2%) |
| Median Home Value | $327,907 |
| Average Home Value | $452,922 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
16
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Listed by: Cali Whitmire • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #64170122
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