309 Colorado StAveryTX75554
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
Investment property for sale in Avery at 309 Colorado St, Avery, TX, 75554 offers a 16.73% rental yield on a $145,000 purchase with $2,022/mo rent. Total monthly income registers $2,022/mo, and a $710/mo payment leaves $991/mo available for distribution. Annual cash flow reaches $11,887/yr on $48,068 to close, and return on cash invested stands at 44.64% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 236.71% and total cumulative return in cash at $113,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,022/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75554, Avery, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 718 (100%) |
| Owner Occupied HU | 480 (66.9%) |
| Renter Occupied HU | 116 (16.2%) |
| Vacant Housing Units | 122 (17.0%) |
| Median Home Value | $189,091 |
| Average Home Value | $233,182 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
719
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices