215 Runaway Bay DrRunaway BayTX76426
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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 Runaway Bay at 215 Runaway Bay Dr, Runaway Bay, TX, 76426 earns $481/mo cash flow from $2,287/mo rent with a $1,243/mo payment. Total monthly income totals $2,287/mo, and annual cash flow totals $5,772/yr on $84,201 capital. ROI tracks 26.76% on current figures, and rental yield reads 10.8% at a $254,000 purchase. Equity gained on principal adds $1,639/yr, and 5% annual appreciation supports $70,176 over five years. Five-year ROI reaches 140.8% and total cumulative return in cash sums $118,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,287/mo property income instead of your personal income.
Single Family
Built in 1998
8,494 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76426, Bridgeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,224 (65.2%) |
| Renter Occupied HU | 1,136 (23.0%) |
| Vacant Housing Units | 583 (11.8%) |
| Median Home Value | $265,706 |
| Average Home Value | $322,353 |
Housing Distribution
Address Breakdown
Residential
4,560
Single Family
4,297
Multi-Family
263
Businesses
584
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Listed by: Jacqueline Gaddis • Parker Properties Real Estate
Mls Name: NTREIS
Mls ID: #21095507