216 Berwick DrBridge CityTX77611
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bridge City at 216 Berwick Dr, Bridge City, TX, 77611 at $670,000 posts ROI 21.84% with $328/mo cash flow from $5,092/mo rent. Total monthly income equals $5,092/mo, and annual cash flow records $3,934/yr on $220,430 to close. Return on cash invested measures 21.84% and rental yield reads 9.12% at the current $670,000. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,109 by year five. Five-year ROI prints 114.41% and total cumulative return in cash totals $252,185.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,092/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77611, Bridge City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 2,778 (66.7%) |
| Renter Occupied HU | 1,049 (25.2%) |
| Vacant Housing Units | 338 ( 8.1%) |
| Median Home Value | $226,435 |
| Average Home Value | $259,459 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,678
Multi-Family
265
Businesses
358
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam LeDoux • eXp Realty, LLC -- 603392
Mls Name: BBOR
Mls ID: #263323