405 W 17th St, Georgetown, TX, 78626 | 6.72% Rental Yield

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405 W 17th St, Georgetown, TX, 78626 | 6.72% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,376/mo, and a $2,075/mo payment. Purchase price stands at $424,000, and rental yield measures 6.72% with $2,376/mo rent. Return on cash invested shows 14.45% in year one, and 5% annual appreciation builds toward $117,143 over five years. Five-year ROI reaches 74.82% and total cumulative return in cash records $105,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,376/mo property income covering a $2,075/mo payment rather than investor’s personal income.

Single Family

Built in 1960

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

This nostalgic home is the original pier and beam house on a property that was sub divided into four lots in 2017. There are an abundance of windows allowing for a bounty of natural light. Many updates including electrical panel, kitchen and bathroom, original wood floor restoration, updated lighting, plumbing fixtures, countertops, appliances privacy fence, back porch, and more. Remodeled bathroom with double sinks and generous walk in shower. Garage conversion has mini-split HVAC with separate carport entrance. The bonus room can be converted back to a garage or extended carport. Plenty of backyard space with pecan and peach trees and a metal storage shed. This property provides a rare opportunity to embrace the past while adding your own personal touches. Convenient to parks, Blue Hole, Downtown and all that Historic Georgetown has to offer. Many properties in this area are being refurbished as well as new builds. No HOA. High end kitchen appliances included.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78626, Georgetown, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	22,715 (100%)
Owner Occupied HU	12,437 (54.8%)
Renter Occupied HU	8,112 (35.7%)
Vacant Housing Units	2,166 ( 9.5%)
Median Home Value	$447,966
Average Home Value	$498,391