321 E Expressway 83PenitasTX78576
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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 Penitas at 321 E Expressway 83, Penitas, TX, 78576 earns from $1,032/mo rent with a $4,650/mo payment. Total monthly income totals $1,032/mo. ROI tracks -1.92% on current figures, and rental yield reads 1.3% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,032/mo property income instead of your personal income.
Home Type Unknown
Built in 1977
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78576, Penitas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,844 (100%) |
| Owner Occupied HU | 2,818 (73.3%) |
| Renter Occupied HU | 636 (16.5%) |
| Vacant Housing Units | 390 (10.1%) |
| Median Home Value | $162,031 |
| Average Home Value | $161,529 |
Housing Distribution
Address Breakdown
Residential
3,467
Single Family
3,339
Multi-Family
128
Businesses
173
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