408 Hastings DrRunaway BayTX76426
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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 Runaway Bay at 408 Hastings Dr, Runaway Bay, TX, 76426 priced at $398,000 pairs $2,494/mo rent with after a $1,948/mo payment. Total monthly income equals $2,494/mo. Return on cash invested is 16.85% in year one, and rental yield stands at 7.52% on a $398,000 basis. Equity gained on principal adds $2,568/yr, and 5% annual appreciation accumulates to $109,960 by year five. Five-year ROI measures 87.65% and total cumulative return in cash reaches $115,644. For financing, Ziffy Mortgage’s DSCR program evaluates $2,494/mo property income against a $1,948/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76426, Bridgeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,224 (65.2%) |
| Renter Occupied HU | 1,136 (23.0%) |
| Vacant Housing Units | 583 (11.8%) |
| Median Home Value | $265,706 |
| Average Home Value | $322,353 |
Housing Distribution
Address Breakdown
Residential
4,560
Single Family
4,297
Multi-Family
263
Businesses
584
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Listed by: JANE KASNER • C-21 SUE ANN DENTON, BRIDGEPORT
Mls Name: NTREIS
Mls ID: #20807027
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.