28789 Fm 963BriggsTX78608
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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 Briggs at 28789 Fm 963, Briggs, TX, 78608 generates $1,626/mo in rent, after a $1,958/mo payment. Total monthly income is $1,626/mo. Return on cash invested sits at 8.88% in year one, and rental yield is 4.88% on a $399,993 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,511 over five years. Five-year ROI reaches 44.93% and total cumulative return in cash sums $59,582. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,626/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78608, Briggs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 390 (100%) |
| Owner Occupied HU | 271 (69.5%) |
| Renter Occupied HU | 50 (12.8%) |
| Vacant Housing Units | 69 (17.7%) |
| Median Home Value | $569,954 |
| Average Home Value | $594,493 |
Housing Distribution
Address Breakdown
Residential
276
Single Family
276
Multi-Family
0
Businesses
25
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