404 CarleFreerTX78357
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
Investment Highlights
Investment property for sale in Freer at 404 Carle, Freer, TX, 78357 with 5% annual appreciation on a $289,000 basis while $2,209/mo rent supports operations. Total monthly income totals $2,209/mo and a $1,415/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,841/yr on $95,804 deployed, and return on cash invested reaches 21.83% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 9.17%. Five-year ROI measures 114.37% and total cumulative return in cash totals $109,574.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,209/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78357, Freer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 773 (61.0%) |
| Renter Occupied HU | 269 (21.2%) |
| Vacant Housing Units | 226 (17.8%) |
| Median Home Value | $113,770 |
| Average Home Value | $129,337 |
Housing Distribution
Address Breakdown
Residential
22
Single Family
22
Multi-Family
0
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices