402 W Reed StPetroliaTX76377
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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 Petrolia at 402 W Reed St, Petrolia, TX, 76377 listed at $209,900 pairs $954/mo rent with a $1,027/mo payment. Total monthly income runs $954/mo. Return on cash invested measures 10.63% in year one, and rental yield registers 5.45% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 54.28% and total cumulative return in cash totals $37,772. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $954/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76377, Petrolia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 343 (100%) |
| Owner Occupied HU | 215 (62.7%) |
| Renter Occupied HU | 64 (18.7%) |
| Vacant Housing Units | 64 (18.7%) |
| Median Home Value | $98,438 |
| Average Home Value | $119,884 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
15
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