248 County Road 338JasperTX75951
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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
Investment property for sale in Jasper at 248 County Road 338, Jasper, TX, 75951 uses $62,952 cash to close to unlock $5,701/yr annual cash flow and $475/mo monthly cash flow. Total monthly income runs $1,825/mo, and a $929/mo payment keeps the spread at $475/mo. Purchase price stands at $189,900, and rental yield measures 11.53% with $1,825/mo rent. Return on cash invested shows 28.96% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 152.68% and total cumulative return in cash records $96,113. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,825/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1981
2.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75951, Jasper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,198 (100%) |
| Owner Occupied HU | 4,241 (58.9%) |
| Renter Occupied HU | 1,614 (22.4%) |
| Vacant Housing Units | 1,343 (18.7%) |
| Median Home Value | $140,051 |
| Average Home Value | $195,186 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
5,938
Multi-Family
487
Businesses
872
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Listed by: Traci Francois • JLA Realty
Mls Name: LAR
Mls Provider:
Mls ID: #5102803
Disclaimer: IDX information is provided exclusively for 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.