303 Wallace StColumbusTX78934
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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 Columbus at 303 Wallace St, Columbus, TX, 78934 with 5% annual appreciation on a $239,000 basis while $3,212/mo rent supports operations. Total monthly income totals $3,212/mo and a $1,170/mo payment preserves $1,512/mo for cash returns. Annual cash flow comes to $18,147/yr on $79,229 deployed, and return on cash invested reaches 42.81% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 16.13%. Five-year ROI measures 226.92% and total cumulative return in cash totals $179,784.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,212/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
6,442 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78934, Columbus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,383 (100%) |
| Owner Occupied HU | 2,115 (62.5%) |
| Renter Occupied HU | 732 (21.6%) |
| Vacant Housing Units | 536 (15.8%) |
| Median Home Value | $262,560 |
| Average Home Value | $355,430 |
Housing Distribution
Address Breakdown
Residential
3,106
Single Family
2,828
Multi-Family
278
Businesses
557
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Listed by: Heidi May • Leyco Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #60955588
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