500/502 College StJasperTX75951
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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 Jasper at 500/502 College St, Jasper, TX, 75951 listed at $105,000 pairs $847/mo rent with a $514/mo payment to leave $100/mo cash flow. Total monthly income runs $847/mo, and annual cash flow reaches $1,203/yr on $34,808 cash to close. Return on cash invested measures 23.37% in year one, and rental yield registers 9.68% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 122.7% and total cumulative return in cash totals $42,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $847/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75951, Jasper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,198 (100%) |
| Owner Occupied HU | 4,241 (58.9%) |
| Renter Occupied HU | 1,614 (22.4%) |
| Vacant Housing Units | 1,343 (18.7%) |
| Median Home Value | $140,051 |
| Average Home Value | $195,186 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
5,938
Multi-Family
487
Businesses
872
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Listed by: Angela McDonald • Re/Max Ranch and Residential
Mls Name: LAR
Mls Provider:
Mls ID: #5102650
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.