298 Azalea DrJasperTX75951
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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 Jasper at 298 Azalea Dr, Jasper, TX, 75951 offers a 6.94% rental yield on a $215,000 purchase with $1,244/mo rent. 12% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 78.41% and total cumulative return in cash at $55,885. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,244/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1973
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75951, Jasper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,198 (100%) |
| Owner Occupied HU | 4,241 (58.9%) |
| Renter Occupied HU | 1,614 (22.4%) |
| Vacant Housing Units | 1,343 (18.7%) |
| Median Home Value | $140,051 |
| Average Home Value | $195,186 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
5,938
Multi-Family
487
Businesses
872
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