306 ComalWorthamTX76693
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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 Wortham at 306 Comal, Wortham, TX, 76693 uses $65,969 cash to close to unlock $5,339/yr annual cash flow and $445/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $974/mo payment keeps the spread at $445/mo. Purchase price stands at $199,000, and rental yield measures 11.22% with $1,860/mo rent. Return on cash invested shows 28% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 147.42% and total cumulative return in cash records $97,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1955
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76693, Wortham, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 559 (61.1%) |
| Renter Occupied HU | 211 (23.1%) |
| Vacant Housing Units | 145 (15.8%) |
| Median Home Value | $200,610 |
| Average Home Value | $256,328 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
50
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