304 Rockbridge DrHuntsvilleTX77340
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Huntsville at 304 Rockbridge Dr, Huntsville, TX, 77340 offers $2,113/mo rent that, after a $1,104/mo payment, leaves $481/mo cash flow. Total monthly income is $2,113/mo, and annual cash flow is $5,776/yr on $74,801 cash. Return on cash invested measures 27.63% in year one, and rental yield stands at 11.24% at a $225,645 entry. Equity gained on principal adds $1,456/yr while 5% annual appreciation compounds into $62,342 by year five. Five-year ROI records 145.66% and total cumulative return in cash reaches $108,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,113/mo property income versus a $1,104/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
$330 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77340, Huntsville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,270 (100%) |
| Owner Occupied HU | 5,796 (35.6%) |
| Renter Occupied HU | 8,310 (51.1%) |
| Vacant Housing Units | 2,164 (13.3%) |
| Median Home Value | $254,496 |
| Average Home Value | $285,692 |
Housing Distribution
Address Breakdown
Residential
14,492
Single Family
8,554
Multi-Family
5,938
Businesses
1,172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Clinton • DR Horton, America's Builder
Mls Name: HAR
Mls Provider:
Mls ID: #21898675
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.