240 Berwick DrBridge CityTX77611
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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 Bridge City at 240 Berwick Dr, Bridge City, TX, 77611 offers $2,495/mo rent that, after a $1,125/mo payment, leaves $860/mo cash flow. Total monthly income is $2,495/mo, and annual cash flow is $10,325/yr on $76,212 cash. Return on cash invested measures 33.46% in year one, and rental yield stands at 13.02% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 176.73% and total cumulative return in cash reaches $134,687. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,495/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77611, Bridge City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 2,778 (66.7%) |
| Renter Occupied HU | 1,049 (25.2%) |
| Vacant Housing Units | 338 ( 8.1%) |
| Median Home Value | $226,435 |
| Average Home Value | $259,459 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,678
Multi-Family
265
Businesses
358
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Listed by: Deborah Hughes • 2011 AMERICAN REAL ESTATE CO. LLC
Mls Name: HAR
Mls ID: #80119447