218 S Bright StGonzalesTX78629
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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 Gonzales at 218 S Bright St, Gonzales, TX, 78629 with 5% annual appreciation on a $115,000 basis while $888/mo rent supports operations. Total monthly income totals $888/mo and a $563/mo payment preserves $70/mo for cash returns. Annual cash flow comes to $841/yr on $38,123 deployed, and return on cash invested reaches 22.12% in year one. Equity gained on principal adds $742/yr, and five-year appreciation sums $31,772 alongside rental yield of 9.27%. Five-year ROI measures 116.02% and total cumulative return in cash totals $44,229.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $888/mo property income versus a $563/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1943
9,761 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78629, Gonzales, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,640 (100%) |
| Owner Occupied HU | 3,214 (57.0%) |
| Renter Occupied HU | 1,535 (27.2%) |
| Vacant Housing Units | 891 (15.8%) |
| Median Home Value | $223,489 |
| Average Home Value | $269,038 |
Housing Distribution
Address Breakdown
Residential
4,799
Single Family
4,564
Multi-Family
235
Businesses
591
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