408 N Broad StSaint JoTX76265
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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
Investment property for sale in Saint Jo at 408 N Broad St, Saint Jo, TX, 76265 earns from $1,550/mo rent with a $2,912/mo payment. Total monthly income totals $1,550/mo. ROI tracks 3.63% on current figures, and rental yield reads 3.13% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 16.73% and total cumulative return in cash sums $32,750. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,550/mo property income instead of your personal income.
Single Family
Built in 1920
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76265, Saint Jo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 582 (60.2%) |
| Renter Occupied HU | 162 (16.8%) |
| Vacant Housing Units | 223 (23.1%) |
| Median Home Value | $258,696 |
| Average Home Value | $332,650 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
79
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Listed by: Denise Thurman • The Real Estate Station- Saint Jo
Mls Name: NTREIS
Mls ID: #20724516
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.