318 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
Investment property for sale in Venus at 318 Condie Russell Ave, Venus, TX, 76084 at $347,900 posts ROI 41.6% with $2,084/mo cash flow from $4,589/mo rent. Total monthly income equals $4,589/mo, and annual cash flow records $25,012/yr on $115,329 to close. Return on cash invested measures 41.6% and rental yield reads 15.83% at the current $347,900. Equity gained on principal adds $2,245/yr, and 5% annual appreciation supports $96,118 by year five. Five-year ROI prints 220.5% and total cumulative return in cash totals $254,295.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,589/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
5,009 sqft lot
$N/A/sqft
$183 semi-annually 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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Listed by: Mona Hill • LGI Homes
Mls Name: NTREIS
Mls ID: #20691989
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.