215 S Ave EShinerTX77984
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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 Shiner at 215 S Ave E, Shiner, TX, 77984 priced at $350,000 converts $1,748/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,748/mo. Return on cash invested prints 12.25% in year one, and rental yield reads 5.99% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 63% and total cumulative return in cash sums $73,094. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,748/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1934
4.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77984, Shiner, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 1,451 (63.5%) |
| Renter Occupied HU | 350 (15.3%) |
| Vacant Housing Units | 485 (21.2%) |
| Median Home Value | $267,574 |
| Average Home Value | $332,304 |
Housing Distribution
Address Breakdown
Residential
1,864
Single Family
1,864
Multi-Family
0
Businesses
223
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Listed by: Angela Jacob • Noble Smith Realty
Mls Name: HAR
Mls Provider:
Mls ID: #2308237
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