290 Concord StVidorTX77662
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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 Vidor at 290 Concord St, Vidor, TX, 77662 priced at $179,000 pairs $2,774/mo rent with $1,501/mo cash flow after a $876/mo payment. Total monthly income equals $2,774/mo, and annual cash flow comes to $18,015/yr on $59,339 invested. Return on cash invested is 50.27% in year one, and rental yield stands at 18.6% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 266.93% and total cumulative return in cash reaches $158,391. For financing, Ziffy Mortgage’s DSCR program evaluates $2,774/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77662, Vidor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,351 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 1,998 (17.6%) |
| Vacant Housing Units | 1,503 (13.2%) |
| Median Home Value | $175,830 |
| Average Home Value | $210,596 |
Housing Distribution
Address Breakdown
Residential
10,386
Single Family
10,021
Multi-Family
365
Businesses
512
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