408 E San Saba StWorthamTX76693
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 Wortham at 408 E San Saba St, Wortham, TX, 76693 uses $109,362 cash to close to unlock $8,409/yr annual cash flow and $701/mo monthly cash flow. Total monthly income runs $3,047/mo, and a $1,615/mo payment keeps the spread at $701/mo. Purchase price stands at $329,900, and rental yield measures 11.08% with $3,047/mo rent. Return on cash invested shows 27.6% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 145.29% and total cumulative return in cash records $158,895. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,047/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1911
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76693, Wortham, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 559 (61.1%) |
| Renter Occupied HU | 211 (23.1%) |
| Vacant Housing Units | 145 (15.8%) |
| Median Home Value | $200,610 |
| Average Home Value | $256,328 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices