347 Monroe 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
Investment property for sale in Giddings at 347 Monroe St, Giddings, TX, 78942 offers a 5.81% rental yield on a $380,000 purchase with $1,840/mo rent. 69% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 60% and total cumulative return in cash at $75,577. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,840/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
9,374 sqft 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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