233 Globe Hill RdGiddingsTX78942
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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 Giddings at 233 Globe Hill Rd, Giddings, TX, 78942 uses $99,119 cash to close to unlock $25,047/yr annual cash flow and $2,087/mo monthly cash flow. Total monthly income runs $4,213/mo, and a $1,463/mo payment keeps the spread at $2,087/mo. Purchase price stands at $299,000, and rental yield measures 16.91% with $4,213/mo rent. Return on cash invested shows 45.18% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 239.59% and total cumulative return in cash records $237,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,213/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1960
3.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78942, Giddings, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,135 (100%) |
| Owner Occupied HU | 2,609 (63.1%) |
| Renter Occupied HU | 960 (23.2%) |
| Vacant Housing Units | 566 (13.7%) |
| Median Home Value | $264,817 |
| Average Home Value | $315,636 |
Housing Distribution
Address Breakdown
Residential
3,542
Single Family
3,357
Multi-Family
185
Businesses
610
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Listed by: Norman Schultz • Schultz Texas Properties
Mls Name: HAR
Mls Provider:
Mls ID: #92152340
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