401 E Goodwin StBangsTX76823
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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 Bangs at 401 E Goodwin St, Bangs, TX, 76823 uses $54,698 cash to close to unlock $1,743/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $1,319/mo, and a $808/mo payment keeps the spread at $145/mo. Purchase price stands at $165,000, and rental yield measures 9.59% with $1,319/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 121.21% and total cumulative return in cash records $66,299. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,319/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76823, Bangs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 843 (65.9%) |
| Renter Occupied HU | 246 (19.2%) |
| Vacant Housing Units | 191 (14.9%) |
| Median Home Value | $177,123 |
| Average Home Value | $238,600 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
932
Multi-Family
36
Businesses
76
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