470 Myrtle RdSilsbeeTX77656
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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 Silsbee at 470 Myrtle Rd, Silsbee, TX, 77656 with 5% annual appreciation on a $237,500 basis while $1,874/mo rent supports operations. Total monthly income totals $1,874/mo and a $1,162/mo payment preserves $186/mo for cash returns. Annual cash flow comes to $2,226/yr on $78,731 deployed, and return on cash invested reaches 22.74% in year one. Equity gained on principal adds $1,533/yr, and five-year appreciation sums $65,617 alongside rental yield of 9.47%. Five-year ROI measures 119.23% and total cumulative return in cash totals $93,873.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,874/mo property income versus a $1,162/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
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Listed by: Jamie Blanchard • JLA Realty
Mls Name: BBOR
Mls Provider:
Mls ID: #253774
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.