309 TamaracJourdantonTX78026
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 Jourdanton at 309 Tamarac, Jourdanton, TX, 78026 offers $1,418/mo rent that, after a $1,028/mo payment. Total monthly income is $1,418/mo. Return on cash invested measures 18.61% in year one, and rental yield stands at 8.1% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 97.1% and total cumulative return in cash reaches $67,600. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,418/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78026, Jourdanton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,599 (100%) |
| Owner Occupied HU | 1,738 (66.9%) |
| Renter Occupied HU | 621 (23.9%) |
| Vacant Housing Units | 240 ( 9.2%) |
| Median Home Value | $181,538 |
| Average Home Value | $208,628 |
Housing Distribution
Address Breakdown
Residential
2,371
Single Family
2,339
Multi-Family
32
Businesses
290
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Listed by: Jollyn Hilliard • LPT Realty, LLC
Mls Name: LERA MLS
Mls ID: #1892195