2400 Longmire Dr APT 202College StationTX77845
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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 College Station at 2400 Longmire Dr APT 202, College Station, TX, 77845 generates $1,900/mo in rent and, after a $1,224/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,900/mo, and annual cash flow is $1,462/yr on $82,875 invested. Return on cash invested sits at 21.67% in year one, and rental yield is 9.12% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 113.5% and total cumulative return in cash sums $94,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,900/mo property income rather than buyer’s personal income.
Condo
Built in 1981
5,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77845, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,030 (100%) |
| Owner Occupied HU | 17,803 (55.6%) |
| Renter Occupied HU | 11,643 (36.4%) |
| Vacant Housing Units | 2,584 ( 8.1%) |
| Median Home Value | $384,705 |
| Average Home Value | $443,358 |
Housing Distribution
Address Breakdown
Residential
30,727
Single Family
26,627
Multi-Family
4,100
Businesses
1,596
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Listed by: David Shellenberger • Keller Williams Realty Brazos Valley office
Mls Name: BCSMLS
Mls ID: #25009098