308 Sunfish LnBastropTX78602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 308 Sunfish Ln, Bastrop, TX, 78602 generates $2,400/mo in rent and, after a $1,456/mo payment, leaves $285/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $3,414/yr on $98,621 invested. Return on cash invested sits at 23.37% in year one, and rental yield is 9.68% on a $297,500 entry. Equity gained on principal adds $1,920/yr, while 5% annual appreciation builds toward $82,194 over five years. Five-year ROI reaches 122.63% and total cumulative return in cash sums $120,943. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
4,965 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices