277 Meuth Cemetery RdRed RockTX78662
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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 Red Rock at 277 Meuth Cemetery Rd, Red Rock, TX, 78662 uses $99,417 cash to close to unlock $2,727/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $2,360/mo, and a $1,468/mo payment keeps the spread at $227/mo. Purchase price stands at $299,900, and rental yield measures 9.44% with $2,360/mo rent. Return on cash invested shows 22.65% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 118.8% and total cumulative return in cash records $118,108. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,360/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Lot
Built in N/A
10.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78662, Red Rock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 952 (73.7%) |
| Renter Occupied HU | 201 (15.6%) |
| Vacant Housing Units | 138 (10.7%) |
| Median Home Value | $335,740 |
| Average Home Value | $378,747 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
55
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Listed by: Clayton Watson • AG3 PROPERTIES
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24013610
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.