2229 Bismarck StVernonTX76384
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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 Vernon at 2229 Bismarck St, Vernon, TX, 76384 projects strong ROI of -5.9%. Rental yield 0.02%. With 5% annual appreciation, the property builds $17,958,302 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76384, Vernon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,583 (100%) |
| Owner Occupied HU | 3,069 (55.0%) |
| Renter Occupied HU | 1,748 (31.3%) |
| Vacant Housing Units | 766 (13.7%) |
| Median Home Value | $96,250 |
| Average Home Value | $135,496 |
Housing Distribution
Address Breakdown
Residential
5,329
Single Family
5,009
Multi-Family
320
Businesses
440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Don Rhodes • Strategic Realty
Mls Name: WFAR
Mls Provider:
Mls ID: #178182
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