495 Saint Hwy #14BremondTX76629
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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 Bremond at 495 Saint Hwy #14, Bremond, TX, 76629 offers $695/mo rent that, after a $2,442/mo payment. Total monthly income is $695/mo. Return on cash invested measures -0.79% in year one, and rental yield stands at 1.67% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $695/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76629, Bremond, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,090 (100%) |
| Owner Occupied HU | 603 (55.3%) |
| Renter Occupied HU | 215 (19.7%) |
| Vacant Housing Units | 272 (25.0%) |
| Median Home Value | $177,394 |
| Average Home Value | $265,419 |
Housing Distribution
Address Breakdown
Residential
819
Single Family
819
Multi-Family
0
Businesses
80
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Listed by: Bobby J Forrest • Forrest Real Estate
Mls Name: TAR MLS
Mls ID: #210675
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-08-16 01:31:26 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.