3345 E Austin StGiddingsTX78942
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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 Giddings at 3345 E Austin St, Giddings, TX, 78942 priced at $993,800 converts $4,344/mo rent into after a $4,864/mo obligation. Total monthly income equals $4,344/mo. Return on cash invested prints 10.07% in year one, and rental yield reads 5.25% against a $993,800 entry. Equity gained on principal adds $6,413/yr, while 5% annual appreciation compiles into $274,569 by year five. Five-year ROI reaches 51.25% and total cumulative return in cash sums $167,581. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,344/mo property income covering a $4,864/mo payment, not borrower’s personal income.
Single Family
Built in 1994
6.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78942, Giddings, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,135 (100%) |
| Owner Occupied HU | 2,609 (63.1%) |
| Renter Occupied HU | 960 (23.2%) |
| Vacant Housing Units | 566 (13.7%) |
| Median Home Value | $264,817 |
| Average Home Value | $315,636 |
Housing Distribution
Address Breakdown
Residential
3,542
Single Family
3,357
Multi-Family
185
Businesses
610
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