348 N Burke StGoliadTX77963
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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 Goliad at 348 N Burke St, Goliad, TX, 77963 with 5% annual appreciation on a $199,999 basis while $1,585/mo rent supports operations. Total monthly income totals $1,585/mo and a $979/mo payment preserves $163/mo for cash returns. Annual cash flow comes to $1,952/yr on $66,300 deployed, and return on cash invested reaches 22.85% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 9.51%. Five-year ROI measures 119.85% and total cumulative return in cash totals $79,460.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,585/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77963, Goliad, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,805 (100%) |
| Owner Occupied HU | 1,780 (63.5%) |
| Renter Occupied HU | 452 (16.1%) |
| Vacant Housing Units | 573 (20.4%) |
| Median Home Value | $197,368 |
| Average Home Value | $244,649 |
Housing Distribution
Address Breakdown
Residential
1,855
Single Family
1,855
Multi-Family
0
Businesses
189
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