228 Reeder StBuffaloTX75831
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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 Buffalo at 228 Reeder St, Buffalo, TX, 75831 priced at $103,700 pairs $1,790/mo rent with $1,052/mo cash flow after a $508/mo payment. Total monthly income equals $1,790/mo, and annual cash flow comes to $12,626/yr on $34,377 invested. Return on cash invested is 56.64% in year one, and rental yield stands at 20.71% on a $103,700 basis. Equity gained on principal adds $669/yr, and 5% annual appreciation accumulates to $28,650 by year five. Five-year ROI measures 301.15% and total cumulative return in cash reaches $103,526. For financing, Ziffy Mortgage’s DSCR program evaluates $1,790/mo property income against a $508/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75831, Buffalo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,551 (60.0%) |
| Renter Occupied HU | 474 (18.3%) |
| Vacant Housing Units | 559 (21.6%) |
| Median Home Value | $159,297 |
| Average Home Value | $222,984 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,727
Multi-Family
0
Businesses
222
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