302 Grace StBridgeportTX76426
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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 Bridgeport at 302 Grace St, Bridgeport, TX, 76426 uses $96,102 cash to close to unlock $7,169/yr annual cash flow and $597/mo monthly cash flow. Total monthly income runs $2,659/mo, and a $1,419/mo payment keeps the spread at $597/mo. Purchase price stands at $289,900, and rental yield measures 11.01% with $2,659/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 144.07% and total cumulative return in cash records $138,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,659/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76426, Bridgeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,224 (65.2%) |
| Renter Occupied HU | 1,136 (23.0%) |
| Vacant Housing Units | 583 (11.8%) |
| Median Home Value | $265,706 |
| Average Home Value | $322,353 |
Housing Distribution
Address Breakdown
Residential
4,560
Single Family
4,297
Multi-Family
263
Businesses
584
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Listed by: Sigal Davidow • Pinnacle Realty Advisors
Mls Name: NTREIS
Mls ID: #21083481