403 4th AveSmithvilleTX78957
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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 Smithville at 403 4th Ave, Smithville, TX, 78957 uses $76,245 cash to close to unlock $5,870/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $2,125/mo, and a $1,126/mo payment keeps the spread at $489/mo. Purchase price stands at $230,000, and rental yield measures 11.09% with $2,125/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 145.37% and total cumulative return in cash records $110,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,125/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,931 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78957, Smithville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,292 (100%) |
| Owner Occupied HU | 3,461 (65.4%) |
| Renter Occupied HU | 1,103 (20.8%) |
| Vacant Housing Units | 728 (13.8%) |
| Median Home Value | $324,812 |
| Average Home Value | $406,026 |
Housing Distribution
Address Breakdown
Residential
4,275
Single Family
4,233
Multi-Family
42
Businesses
344
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Listed by: Richard Martin • Horizon Realty
Mls Name: Unlock MLS
Mls ID: #7192514