2370 Fm 3173BroaddusTX75929
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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 Broaddus at 2370 Fm 3173, Broaddus, TX, 75929 offers a 7.56% rental yield on a $565,000 purchase with $3,560/mo rent. 11% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 89.01% and total cumulative return in cash at $165,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,560/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
15.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75929, Broaddus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 605 (48.7%) |
| Renter Occupied HU | 66 ( 5.3%) |
| Vacant Housing Units | 571 (46.0%) |
| Median Home Value | $144,886 |
| Average Home Value | $291,347 |
Housing Distribution
Address Breakdown
Residential
872
Single Family
872
Multi-Family
0
Businesses
44
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Listed by: Georgina Stewart • A Real Estate Connection
Mls Name: LAR
Mls Provider:
Mls ID: #5103512
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.