406 Rivers StSmithvilleTX78957
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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 Smithville at 406 Rivers St, Smithville, TX, 78957 generates $2,141/mo in rent and, after a $1,080/mo payment, leaves $571/mo in cash flow. Total monthly income is $2,141/mo, and annual cash flow is $6,855/yr on $73,162 invested. Return on cash invested sits at 29.28% in year one, and rental yield is 11.64% on a $220,700 entry. Equity gained on principal adds $1,424/yr, while 5% annual appreciation builds toward $60,975 over five years. Five-year ROI reaches 154.35% and total cumulative return in cash sums $112,923. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,141/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
6,708 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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