4756 FM 2997Richland SpringsTX76871
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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
Total monthly income runs $2,294/mo, and a $4,821/mo payment. Purchase price stands at $985,000, and rental yield measures 2.79% with $2,294/mo rent. Return on cash invested shows 2.62% in year one, and 5% annual appreciation builds toward $272,137 over five years. Five-year ROI reaches 11.3% and total cumulative return in cash records $36,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,294/mo property income covering a $4,821/mo payment rather than investor’s personal income.
Single Family
Built in 2005
154.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76871, Richland Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 251 (57.6%) |
| Renter Occupied HU | 42 ( 9.6%) |
| Vacant Housing Units | 143 (32.8%) |
| Median Home Value | $240,972 |
| Average Home Value | $547,231 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
29
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Listed by: Ken Hoerster • Texas Ranches For Sale
Mls Name: LERA MLS
Mls ID: #1919092