500 Butler StSavoyTX75479
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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 Savoy at 500 Butler St, Savoy, TX, 75479 priced at $329,000 pairs $2,636/mo rent with $297/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,636/mo, and annual cash flow comes to $3,561/yr on $109,064 invested. Return on cash invested is 23.17% in year one, and rental yield stands at 9.61% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 121.57% and total cumulative return in cash reaches $132,585. For financing, Ziffy Mortgage’s DSCR program evaluates $2,636/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75479, Savoy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 709 (73.6%) |
| Renter Occupied HU | 141 (14.6%) |
| Vacant Housing Units | 113 (11.7%) |
| Median Home Value | $245,962 |
| Average Home Value | $365,321 |
Housing Distribution
Address Breakdown
Residential
709
Single Family
709
Multi-Family
0
Businesses
48
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Listed by: Mark Burkhalter • FRONTIER PROPERTIES REAL ESTATE, LLC
Mls Name: NTREIS
Mls ID: #21025847
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.