242 Reeder StBuffaloTX75831
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 Buffalo at 242 Reeder St, Buffalo, TX, 75831 with 5% annual appreciation on a $149,995 basis while $1,327/mo rent supports operations. Total monthly income totals $1,327/mo and a $734/mo payment preserves $261/mo for cash returns. Annual cash flow comes to $3,126/yr on $49,723 deployed, and return on cash invested reaches 26.2% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,441 alongside rental yield of 10.62%. Five-year ROI measures 137.81% and total cumulative return in cash totals $68,524.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,327/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
7,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75831, Buffalo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,551 (60.0%) |
| Renter Occupied HU | 474 (18.3%) |
| Vacant Housing Units | 559 (21.6%) |
| Median Home Value | $159,297 |
| Average Home Value | $222,984 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,727
Multi-Family
0
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Clayton Hays • RE/MAX Advanced Real Estate - Buffalo TX
Mls Name: HAR
Mls Provider:
Mls ID: #70001548
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.