3358 Highway 281George WestTX78022
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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 George West at 3358 Highway 281, George West, TX, 78022 uses $66,300 cash to close to unlock $11,684/yr annual cash flow and $974/mo monthly cash flow. Total monthly income runs $2,396/mo, and a $979/mo payment keeps the spread at $974/mo. Purchase price stands at $200,000, and rental yield measures 14.38% with $2,396/mo rent. Return on cash invested shows 37.53% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 198.56% and total cumulative return in cash records $131,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,396/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78022, George West, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,131 (100%) |
| Owner Occupied HU | 1,302 (61.1%) |
| Renter Occupied HU | 317 (14.9%) |
| Vacant Housing Units | 512 (24.0%) |
| Median Home Value | $234,783 |
| Average Home Value | $247,475 |
Housing Distribution
Address Breakdown
Residential
1,257
Single Family
1,257
Multi-Family
0
Businesses
247
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Listed by: Jennifer Perez • eXp Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1794463
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.