410 Grant StSmyerTX79367
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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 Smyer at 410 Grant St, Smyer, TX, 79367 priced at $130,000 pairs $1,220/mo rent with $296/mo cash flow after a $636/mo payment. Total monthly income equals $1,220/mo, and annual cash flow comes to $3,550/yr on $43,095 invested. Return on cash invested is 28.15% in year one, and rental yield stands at 11.26% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 148.26% and total cumulative return in cash reaches $63,891. For financing, Ziffy Mortgage’s DSCR program evaluates $1,220/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79367, Smyer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9 (100%) |
| Owner Occupied HU | 7 (77.8%) |
| Renter Occupied HU | 2 (22.2%) |
| Vacant Housing Units | 0 |
| Median Home Value | $181,250 |
| Average Home Value | $178,929 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
19
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Listed by: Crystal Lewis • Paxton Real Estate
Mls Name: LBMLS
Mls Provider:
Mls ID: #202557848
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.