2949 County Road 215Falls CityTX78113
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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 Falls City at 2949 County Road 215, Falls City, TX, 78113 uses $66,267 cash to close to unlock $2,387/yr annual cash flow and $199/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $978/mo payment keeps the spread at $199/mo. Purchase price stands at $199,900, and rental yield measures 9.72% with $1,620/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 123.36% and total cumulative return in cash records $81,745. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1900
22.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78113, Falls City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 813 (68.5%) |
| Renter Occupied HU | 118 ( 9.9%) |
| Vacant Housing Units | 255 (21.5%) |
| Median Home Value | $284,774 |
| Average Home Value | $327,970 |
Housing Distribution
Address Breakdown
Residential
849
Single Family
849
Multi-Family
0
Businesses
90
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Listed by: Sara Lopez • Southern Charm Realty LLC
Mls Name: South Texas MLS
Mls ID: #468367