2400 Longmire Dr APT 402College StationTX77845
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 College Station at 2400 Longmire Dr APT 402, College Station, TX, 77845 earns $603/mo cash flow from $2,132/mo rent with a $1,052/mo payment. Total monthly income totals $2,132/mo, and annual cash flow totals $7,241/yr on $71,273 capital. ROI tracks 30.07% on current figures, and rental yield reads 11.9% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 158.59% and total cumulative return in cash sums $113,029. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,132/mo property income instead of your personal income.
Condo
Built in 1981
6,420 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie Stogner • RE/MAX 2020
Mls Name: BCSMLS
Mls ID: #25011086