300 Morris StRieselTX76682
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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 Riesel at 300 Morris St, Riesel, TX, 76682 offers a 8.92% rental yield on a $250,400 purchase with $1,861/mo rent. Total monthly income registers $1,861/mo, and a $1,226/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $959/yr on $83,008 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $1,616/yr while 5% annual appreciation supports $69,181 over five years. Portfolio math shows five-year ROI at 110.25% and total cumulative return in cash at $91,515. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,861/mo property income against a $1,226/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76682, Riesel, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,283 (100%) |
| Owner Occupied HU | 901 (70.2%) |
| Renter Occupied HU | 218 (17.0%) |
| Vacant Housing Units | 164 (12.8%) |
| Median Home Value | $269,575 |
| Average Home Value | $313,399 |
Housing Distribution
Address Breakdown
Residential
1,219
Single Family
1,219
Multi-Family
0
Businesses
74
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