406 Barnett StEdenTX76837
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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
Rental property for sale in Eden at 406 Barnett St, Eden, TX, 76837 priced at $100,900 converts $960/mo rent into $242/mo cash flow after a $494/mo obligation. Total monthly income equals $960/mo, and annual cash flow totals $2,908/yr on $33,448 invested. Return on cash invested prints 28.6% in year one, and rental yield reads 11.42% against a $100,900 entry. Equity gained on principal adds $651/yr, while 5% annual appreciation compiles into $27,877 by year five. Five-year ROI reaches 150.78% and total cumulative return in cash sums $50,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $960/mo property income covering a $494/mo payment, not borrower’s personal income.
Single Family
Built in 1950
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76837, Eden, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 711 (100%) |
| Owner Occupied HU | 417 (58.6%) |
| Renter Occupied HU | 129 (18.1%) |
| Vacant Housing Units | 165 (23.2%) |
| Median Home Value | $100,750 |
| Average Home Value | $209,730 |
Housing Distribution
Address Breakdown
Residential
133
Single Family
100
Multi-Family
33
Businesses
62
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