314 Cedar StBangsTX76823
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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 Bangs at 314 Cedar St, Bangs, TX, 76823 priced at $158,500 pairs $1,240/mo rent with $113/mo cash flow after a $776/mo payment. Total monthly income equals $1,240/mo, and annual cash flow comes to $1,352/yr on $52,543 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 9.39% on a $158,500 basis. Equity gained on principal adds $1,023/yr, and 5% annual appreciation accumulates to $43,791 by year five. Five-year ROI measures 117.87% and total cumulative return in cash reaches $61,931. For financing, Ziffy Mortgage’s DSCR program evaluates $1,240/mo property income against a $776/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76823, Bangs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 843 (65.9%) |
| Renter Occupied HU | 246 (19.2%) |
| Vacant Housing Units | 191 (14.9%) |
| Median Home Value | $177,123 |
| Average Home Value | $238,600 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
932
Multi-Family
36
Businesses
76
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Listed by: Lloyd VanZandt • Tootie Kelly Real Estate
Mls Name: NTREIS
Mls ID: #20935996
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.