407 N Penelope StBeltonTX76513
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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 Belton at 407 N Penelope St, Belton, TX, 76513 priced at $179,999 converts $1,194/mo rent into after a $881/mo obligation. Total monthly income equals $1,194/mo. Return on cash invested prints 18.18% in year one, and rental yield reads 7.96% against a $179,999 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,730 by year five. Five-year ROI reaches 94.77% and total cumulative return in cash sums $56,548. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,194/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76513, Belton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,497 (100%) |
| Owner Occupied HU | 12,076 (65.3%) |
| Renter Occupied HU | 5,158 (27.9%) |
| Vacant Housing Units | 1,263 ( 6.8%) |
| Median Home Value | $336,211 |
| Average Home Value | $377,275 |
Housing Distribution
Address Breakdown
Residential
18,034
Single Family
15,946
Multi-Family
2,088
Businesses
1,278
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