489 Schneider St, Giddings, TX, 78942 | $258/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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489 Schneider St, Giddings, TX, 78942 | $258/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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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

More details about the property

This 2-story home, built in 1980, offers 5 bedrooms, 2.5 baths, and 3,253 sq ft filled with character and modern updates. The living room features high ceilings, a gas log fireplace, and large windows that fill the space with natural light. The primary suite includes a soaking tub and separate shower. Throughout the home, walk-in closets and multiple storage closets provide ample space for all your needs. The kitchen offers granite countertops, abundant workspace, a built-in granite dining table, and a pantry, flowing seamlessly to a sunroom with views of the backyard, patio, and sport pool, perfect for swimming, volleyball, water games, or relaxing outdoors. Additional highlights include a versatile gym/bonus room, carpeted bedrooms, and wood-look tile flooring, combining modern finishes with the homes original charm.

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