2939 County Road 289East BernardTX77435
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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
Total monthly income runs $2,167/mo, and a $2,888/mo payment. Purchase price stands at $590,000, and rental yield measures 4.41% with $2,167/mo rent. Return on cash invested shows 7.52% in year one, and 5% annual appreciation builds toward $163,006 over five years. Five-year ROI reaches 37.6% and total cumulative return in cash records $72,988. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,167/mo property income covering a $2,888/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
19.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77435, East Bernard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,411 (100%) |
| Owner Occupied HU | 1,776 (73.7%) |
| Renter Occupied HU | 400 (16.6%) |
| Vacant Housing Units | 235 ( 9.7%) |
| Median Home Value | $348,726 |
| Average Home Value | $391,356 |
Housing Distribution
Address Breakdown
Residential
1,838
Single Family
1,838
Multi-Family
0
Businesses
180
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Listed by: Bridget Hensley • RE/MAX Professionals
Mls Name: HAR
Mls Provider:
Mls ID: #56729925
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