402 Cleveland StBaileyTX75413
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at 402 Cleveland St, Bailey, TX, 75413 in Bailey is straightforward: $192,000 in, $1,830/mo in rent, $465/mo out after debt service. The 11.44% gross yield and 2.12 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $53,046 by year five. With $1,768/yr in principal equity, the total cumulative return is projected at $103,524.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $465 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,830 |
| Total Monthly Debt Service | $1,289 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2019
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75413, Bailey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 49 (100%) |
| Owner Occupied HU | 37 (75.5%) |
| Renter Occupied HU | 7 (14.3%) |
| Vacant Housing Units | 5 (10.2%) |
| Median Home Value | $350,000 |
| Average Home Value | $462,297 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
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
Single Family
Built in 2019
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75413, Bailey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 49 (100%) |
| Owner Occupied HU | 37 (75.5%) |
| Renter Occupied HU | 7 (14.3%) |
| Vacant Housing Units | 5 (10.2%) |
| Median Home Value | $350,000 |
| Average Home Value | $462,297 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices