308 N 4th StWorthamTX76693
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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 308 N 4th St, Wortham, TX, 76693 uses $56,355 cash to close to unlock $1,166/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $1,306/mo, and a $832/mo payment keeps the spread at $97/mo. Purchase price stands at $170,000, and rental yield measures 9.22% with $1,306/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 115.24% and total cumulative return in cash records $64,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,306/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1954
10,802 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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Listed by: Kelly Toney • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #21017916
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.