212 Park LnGoodrichTX77335
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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 Goodrich at 212 Park Ln, Goodrich, TX, 77335 listed at $189,500 pairs $1,592/mo rent with a $928/mo payment to leave $242/mo cash flow. Total monthly income runs $1,592/mo, and annual cash flow reaches $2,899/yr on $62,819 cash to close. Return on cash invested measures 24.52% in year one, and rental yield registers 10.08% at a $189,500 basis. Equity gained on principal adds $1,223/yr, and annual property appreciation at 5% supports $52,355 by year five. Five-year ROI tracks 128.84% and total cumulative return in cash totals $80,939. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,592/mo property income relative to a $928/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1975
0.69 Acres lot
$N/A/sqft
$28 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77335, Goodrich, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,269 (100%) |
| Owner Occupied HU | 748 (58.9%) |
| Renter Occupied HU | 179 (14.1%) |
| Vacant Housing Units | 342 (27.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $228,011 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
687
Multi-Family
1
Businesses
50
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Listed by: Dorothy Roberts • Creekwood Realty
Mls Name: HAR
Mls Provider:
Mls ID: #8822061
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