402 Cates StBridgeportTX76426
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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
Rental property for sale in Bridgeport at 402 Cates St, Bridgeport, TX, 76426 priced at $210,000 converts $1,482/mo rent into after a $1,028/mo obligation. Total monthly income equals $1,482/mo. Return on cash invested prints 19.71% in year one, and rental yield reads 8.47% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 103.03% and total cumulative return in cash sums $71,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,482/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76426, Bridgeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,224 (65.2%) |
| Renter Occupied HU | 1,136 (23.0%) |
| Vacant Housing Units | 583 (11.8%) |
| Median Home Value | $265,706 |
| Average Home Value | $322,353 |
Housing Distribution
Address Breakdown
Residential
4,560
Single Family
4,297
Multi-Family
263
Businesses
584
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Listed by: Jazzmin Andrade • INC Realty, LLC
Mls Name: NTREIS
Mls ID: #20773188
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.