310 Condie Russell AveVenusTX76084
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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 Venus at 310 Condie Russell Ave, Venus, TX, 76084 priced at $389,900 converts $3,562/mo rent into $790/mo cash flow after a $1,908/mo obligation. Total monthly income equals $3,562/mo, and annual cash flow totals $9,477/yr on $129,252 invested. Return on cash invested prints 27.24% in year one, and rental yield reads 10.96% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 143.37% and total cumulative return in cash sums $185,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,562/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2023
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76084, Venus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,458 (100%) |
| Owner Occupied HU | 4,567 (83.7%) |
| Renter Occupied HU | 548 (10.0%) |
| Vacant Housing Units | 343 ( 6.3%) |
| Median Home Value | $329,699 |
| Average Home Value | $357,856 |
Housing Distribution
Address Breakdown
Residential
5,310
Single Family
5,195
Multi-Family
115
Businesses
179
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