307 Cedar StBastropTX78602
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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 Bastrop at 307 Cedar St, Bastrop, TX, 78602 priced at $253,000 converts $2,400/mo rent into $601/mo cash flow after a $1,238/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $7,214/yr on $83,870 invested. Return on cash invested prints 28.51% in year one, and rental yield reads 11.38% against a $253,000 entry. Equity gained on principal adds $1,633/yr, while 5% annual appreciation compiles into $69,899 by year five. Five-year ROI reaches 150.22% and total cumulative return in cash sums $125,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,238/mo payment, not borrower’s personal income.
Single Family
Built in 1942
7,187 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,506 (100%) |
| Owner Occupied HU | 11,642 (70.5%) |
| Renter Occupied HU | 3,542 (21.5%) |
| Vacant Housing Units | 1,322 ( 8.0%) |
| Median Home Value | $347,719 |
| Average Home Value | $396,837 |
Housing Distribution
Address Breakdown
Residential
14,020
Single Family
13,017
Multi-Family
1,003
Businesses
1,232
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Listed by: Kathy Jacobs O'Bryan • Compass RE Texas, LLC
Mls Name: Unlock MLS
Mls Provider:
Mls ID: #9574970
Disclaimer: Based on information from Unlock MLS (alternatively, from ACTRIS) for the period through 2025-04-25 14:58:35 PDT. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided AS IS and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. 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. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#27)