293 Blooming Dogwood LnChesterTX75936
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Chester at 293 Blooming Dogwood Ln, Chester, TX, 75936 priced at $120,000 pairs $1,430/mo rent with $577/mo cash flow after a $587/mo payment. Total monthly income equals $1,430/mo, and annual cash flow comes to $6,924/yr on $39,780 invested. Return on cash invested is 37.31% in year one, and rental yield stands at 14.3% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 197.36% and total cumulative return in cash reaches $78,511. For financing, Ziffy Mortgage’s DSCR program evaluates $1,430/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
9.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75936, Chester, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 462 (100%) |
| Owner Occupied HU | 299 (64.7%) |
| Renter Occupied HU | 47 (10.2%) |
| Vacant Housing Units | 116 (25.1%) |
| Median Home Value | $167,262 |
| Average Home Value | $282,349 |
Housing Distribution
Address Breakdown
Residential
331
Single Family
331
Multi-Family
0
Businesses
23
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Listed by: Teresa Hill • Coldwell Banker Realty - Lake Conroe/Willis
Mls Name: HAR
Mls Provider:
Mls ID: #46429953
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