338 7th StBay CityTX77414
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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 Bay City at 338 7th St, Bay City, TX, 77414 priced at $399,900 converts $2,290/mo rent into after a $1,957/mo obligation. Total monthly income equals $2,290/mo. Return on cash invested prints 14.9% in year one, and rental yield reads 6.87% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 77.19% and total cumulative return in cash sums $102,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,290/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1997
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77414, Bay City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,030 (100%) |
| Owner Occupied HU | 6,164 (47.3%) |
| Renter Occupied HU | 3,432 (26.3%) |
| Vacant Housing Units | 3,434 (26.4%) |
| Median Home Value | $189,855 |
| Average Home Value | $219,981 |
Housing Distribution
Address Breakdown
Residential
9,859
Single Family
8,140
Multi-Family
1,719
Businesses
776
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Listed by: Melinda Moudy • Bay City Realty
Mls Name: HAR
Mls Provider:
Mls ID: #37259319
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