228 SW 8th StPremontTX78375
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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 Premont at 228 SW 8th St, Premont, TX, 78375 offers $908/mo rent that, after a $587/mo payment, leaves $55/mo cash flow. Total monthly income is $908/mo, and annual cash flow is $660/yr on $39,780 cash. Return on cash invested measures 21.57% in year one, and rental yield stands at 9.08% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 112.96% and total cumulative return in cash reaches $44,935. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $908/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,022 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78375, Premont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,297 (100%) |
| Owner Occupied HU | 813 (62.7%) |
| Renter Occupied HU | 294 (22.7%) |
| Vacant Housing Units | 190 (14.6%) |
| Median Home Value | $85,492 |
| Average Home Value | $192,749 |
Housing Distribution
Address Breakdown
Residential
174
Single Family
174
Multi-Family
0
Businesses
75
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