2900 Fm 18BairdTX79504
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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 Baird at 2900 Fm 18, Baird, TX, 79504 offers a 16.3% rental yield on a $300,000 purchase with $4,075/mo rent. Total monthly income registers $4,075/mo, and a $1,468/mo payment leaves $1,942/mo available for distribution. Annual cash flow reaches $23,304/yr on $99,450 to close, and return on cash invested stands at 43.34% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 229.7% and total cumulative return in cash at $228,432. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,075/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79504, Baird, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 952 (66.2%) |
| Renter Occupied HU | 270 (18.8%) |
| Vacant Housing Units | 215 (15.0%) |
| Median Home Value | $144,792 |
| Average Home Value | $188,960 |
Housing Distribution
Address Breakdown
Residential
1,233
Single Family
1,210
Multi-Family
23
Businesses
128
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Listed by: Todd Rodriguez • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20692177
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.