2423 Hargis StEast BernardTX77435
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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 East Bernard at 2423 Hargis St, East Bernard, TX, 77435 priced at $965,000 converts $1,702/mo rent into after a $4,723/mo obligation. Total monthly income equals $1,702/mo. Return on cash invested prints 0.56% in year one, and rental yield reads 2.12% against a $965,000 entry. Equity gained on principal adds $6,227/yr, while 5% annual appreciation compiles into $266,612 by year five. Five-year ROI reaches 0.24% and total cumulative return in cash sums $775. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,702/mo property income covering a $4,723/mo payment, not borrower’s personal income.
Single Family
Built in 1976
12.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77435, East Bernard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,411 (100%) |
| Owner Occupied HU | 1,776 (73.7%) |
| Renter Occupied HU | 400 (16.6%) |
| Vacant Housing Units | 235 ( 9.7%) |
| Median Home Value | $348,726 |
| Average Home Value | $391,356 |
Housing Distribution
Address Breakdown
Residential
1,838
Single Family
1,838
Multi-Family
0
Businesses
180
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Listed by: Ashley Sellier • REALM Real Estate Professionals - Sugar Land
Mls Name: HAR
Mls Provider:
Mls ID: #12004123
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