306 S Broadway StRockspringsTX78880
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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 Rocksprings at 306 S Broadway St, Rocksprings, TX, 78880 generates $1,225/mo in rent and, after a $759/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,225/mo, and annual cash flow is $1,469/yr on $51,383 invested. Return on cash invested sits at 22.77% in year one, and rental yield is 9.48% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 119.44% and total cumulative return in cash sums $61,372. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,225/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78880, Rocksprings, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 860 (100%) |
| Owner Occupied HU | 415 (48.3%) |
| Renter Occupied HU | 94 (10.9%) |
| Vacant Housing Units | 351 (40.8%) |
| Median Home Value | $75,625 |
| Average Home Value | $128,855 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
85
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Listed by: Jodie Greene • Greene Realty
Mls Name: KVMLS
Mls ID: #120512