265 Jim Walter DrRunaway BayTX76426
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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 Runaway Bay at 265 Jim Walter Dr, Runaway Bay, TX, 76426 offers $1,920/mo rent that, after a $1,512/mo payment. Total monthly income is $1,920/mo. Return on cash invested measures 16.66% in year one, and rental yield stands at 7.46% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 86.7% and total cumulative return in cash reaches $88,805. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76426, Bridgeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,224 (65.2%) |
| Renter Occupied HU | 1,136 (23.0%) |
| Vacant Housing Units | 583 (11.8%) |
| Median Home Value | $265,706 |
| Average Home Value | $322,353 |
Housing Distribution
Address Breakdown
Residential
4,560
Single Family
4,297
Multi-Family
263
Businesses
584
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Listed by: Jeffrey Mcdole • Wilco, REALTORS
Mls Name: NTREIS
Mls ID: #20987559