28149 US HIGHWAY 83ConcanTX78838
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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 Concan at 28149 US HIGHWAY 83, Concan, TX, 78838 listed at $339,990 pairs $1,586/mo rent with a $1,664/mo payment. Total monthly income runs $1,586/mo. Return on cash invested measures 11.05% in year one, and rental yield registers 5.6% at a $339,990 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,933 by year five. Five-year ROI tracks 56.59% and total cumulative return in cash totals $63,783. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,586/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1984
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78838, Concan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 245 (100%) |
| Owner Occupied HU | 111 (45.3%) |
| Renter Occupied HU | 14 ( 5.7%) |
| Vacant Housing Units | 120 (49.0%) |
| Median Home Value | $386,111 |
| Average Home Value | $435,766 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
63
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Listed by: Brittany Hernandez • LPT Realty, LLC
Mls Name: SABOR
Mls Provider:
Mls ID: #1789606
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.