489 Schneider StGiddingsTX78942
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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 Giddings at 489 Schneider St, Giddings, TX, 78942 listed at $439,900 pairs $3,386/mo rent with a $2,153/mo payment to leave $258/mo cash flow. Total monthly income runs $3,386/mo, and annual cash flow reaches $3,095/yr on $145,827 cash to close. Return on cash invested measures 22.03% in year one, and rental yield registers 9.24% at a $439,900 basis. Equity gained on principal adds $2,839/yr, and annual property appreciation at 5% supports $121,536 by year five. Five-year ROI tracks 115.43% and total cumulative return in cash totals $168,327. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,386/mo property income relative to a $2,153/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78942, Giddings, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,135 (100%) |
| Owner Occupied HU | 2,609 (63.1%) |
| Renter Occupied HU | 960 (23.2%) |
| Vacant Housing Units | 566 (13.7%) |
| Median Home Value | $264,817 |
| Average Home Value | $315,636 |
Housing Distribution
Address Breakdown
Residential
3,542
Single Family
3,357
Multi-Family
185
Businesses
610
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