421 S Garitty StFrostTX76641
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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 Frost at 421 S Garitty St, Frost, TX, 76641 uses $60,996 cash to close to unlock $1,334/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $1,420/mo, and a $901/mo payment keeps the spread at $111/mo. Purchase price stands at $184,000, and rental yield measures 9.26% with $1,420/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $50,836 over five years. Five-year ROI reaches 115.84% and total cumulative return in cash records $70,657. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,420/mo property income covering a $901/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76641, Frost, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 618 (67.5%) |
| Renter Occupied HU | 121 (13.2%) |
| Vacant Housing Units | 176 (19.2%) |
| Median Home Value | $217,123 |
| Average Home Value | $270,445 |
Housing Distribution
Address Breakdown
Residential
644
Single Family
644
Multi-Family
0
Businesses
27
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