306 E Wheat StWoodvilleTX75979
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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 Woodville at 306 E Wheat St, Woodville, TX, 75979 offers $2,269/mo rent that, after a $979/mo payment, leaves $847/mo cash flow. Total monthly income is $2,269/mo, and annual cash flow is $10,160/yr on $66,300 cash. Return on cash invested measures 35.23% in year one, and rental yield stands at 13.61% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 186.26% and total cumulative return in cash reaches $123,488. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,269/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75979, Woodville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,622 (100%) |
| Owner Occupied HU | 2,770 (59.9%) |
| Renter Occupied HU | 837 (18.1%) |
| Vacant Housing Units | 1,015 (22.0%) |
| Median Home Value | $159,421 |
| Average Home Value | $226,485 |
Housing Distribution
Address Breakdown
Residential
4,062
Single Family
3,856
Multi-Family
206
Businesses
359
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Listed by: Ashley Jackson-Whitworth • Martindale Real Estate Invest
Mls Name: BBOR
Mls Provider:
Mls ID: #241417
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.