2936 Bode RdElm MottTX76691
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 Elm Mott at 2936 Bode Rd, Elm Mott, TX, 76691 priced at $829,000 pairs $2,252/mo rent with after a $4,058/mo payment. Total monthly income equals $2,252/mo. Return on cash invested is 4.03% in year one, and rental yield stands at 3.26% on a $829,000 basis. Equity gained on principal adds $5,349/yr, and 5% annual appreciation accumulates to $229,037 by year five. Five-year ROI measures 18.88% and total cumulative return in cash reaches $51,484. For financing, Ziffy Mortgage’s DSCR program evaluates $2,252/mo property income against a $4,058/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
58.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76691, West, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,894 (100%) |
| Owner Occupied HU | 2,109 (72.9%) |
| Renter Occupied HU | 569 (19.7%) |
| Vacant Housing Units | 216 ( 7.5%) |
| Median Home Value | $298,397 |
| Average Home Value | $355,776 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,717
Multi-Family
76
Businesses
240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyla Dieterich • Kelly
Mls Name: NTREIS
Mls ID: #20904594
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.