304 San Marcos StBullardTX75757
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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
Rental property for sale in Bullard at 304 San Marcos St, Bullard, TX, 75757 priced at $249,900 converts $1,806/mo rent into $29/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,806/mo, and annual cash flow totals $349/yr on $82,842 invested. Return on cash invested prints 20.33% in year one, and rental yield reads 8.67% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 106.36% and total cumulative return in cash sums $88,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,806/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75757, Bullard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,745 (100%) |
| Owner Occupied HU | 4,356 (75.8%) |
| Renter Occupied HU | 892 (15.5%) |
| Vacant Housing Units | 497 ( 8.7%) |
| Median Home Value | $300,855 |
| Average Home Value | $345,717 |
Housing Distribution
Address Breakdown
Residential
6,218
Single Family
6,140
Multi-Family
78
Businesses
309
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