344 & 343 Bateman RdRed RockTX78662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 $2,856/mo, and a $3,206/mo payment. Purchase price stands at $655,000, and rental yield measures 5.23% with $2,856/mo rent. Return on cash invested shows 10.03% in year one, and 5% annual appreciation builds toward $180,964 over five years. Five-year ROI reaches 51.04% and total cumulative return in cash records $109,991. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,856/mo property income covering a $3,206/mo payment rather than investor’s personal income.
Single Family
Built in 1905
18.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78662, Red Rock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,291 (100%) |
| Owner Occupied HU | 952 (73.7%) |
| Renter Occupied HU | 201 (15.6%) |
| Vacant Housing Units | 138 (10.7%) |
| Median Home Value | $335,740 |
| Average Home Value | $378,747 |
Housing Distribution
Address Breakdown
Residential
1,012
Single Family
1,012
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices