215 Woodlake DrJasperTX75951
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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 Jasper at 215 Woodlake Dr, Jasper, TX, 75951 priced at $165,000 converts $1,308/mo rent into $134/mo cash flow after a $808/mo obligation. Total monthly income equals $1,308/mo, and annual cash flow totals $1,611/yr on $54,698 invested. Return on cash invested prints 22.85% in year one, and rental yield reads 9.51% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 119.92% and total cumulative return in cash sums $65,591. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,308/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75951, Jasper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,198 (100%) |
| Owner Occupied HU | 4,241 (58.9%) |
| Renter Occupied HU | 1,614 (22.4%) |
| Vacant Housing Units | 1,343 (18.7%) |
| Median Home Value | $140,051 |
| Average Home Value | $195,186 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
5,938
Multi-Family
487
Businesses
872
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Listed by: Bobbie Barrington • Journey Realty
Mls Name: LAR
Mls Provider:
Mls ID: #5103004
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.