440 River RdGoodrichTX77335
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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 Goodrich at 440 River Rd, Goodrich, TX, 77335 priced at $129,999 converts $1,011/mo rent into $87/mo cash flow after a $636/mo obligation. Total monthly income equals $1,011/mo, and annual cash flow totals $1,042/yr on $43,095 invested. Return on cash invested prints 22.33% in year one, and rental yield reads 9.33% against a $129,999 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation compiles into $35,916 by year five. Five-year ROI reaches 117.01% and total cumulative return in cash sums $50,426. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,011/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 2017
10,349 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77335, Goodrich, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,269 (100%) |
| Owner Occupied HU | 748 (58.9%) |
| Renter Occupied HU | 179 (14.1%) |
| Vacant Housing Units | 342 (27.0%) |
| Median Home Value | $168,750 |
| Average Home Value | $228,011 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
687
Multi-Family
1
Businesses
50
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