340 W 3rd StBairdTX79504
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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
Total monthly income runs $2,206/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 5.9% with $2,206/mo rent. Return on cash invested shows 11.95% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 61.36% and total cumulative return in cash records $91,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,206/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1916
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79504, Baird, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 952 (66.2%) |
| Renter Occupied HU | 270 (18.8%) |
| Vacant Housing Units | 215 (15.0%) |
| Median Home Value | $144,792 |
| Average Home Value | $188,960 |
Housing Distribution
Address Breakdown
Residential
1,233
Single Family
1,210
Multi-Family
23
Businesses
128
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