500 E Herndon StSaint JoTX76265
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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 Saint Jo at 500 E Herndon St, Saint Jo, TX, 76265 offers $2,096/mo rent that, after a $1,566/mo payment. Total monthly income is $2,096/mo. Return on cash invested measures 17.88% in year one, and rental yield stands at 7.86% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 93.17% and total cumulative return in cash reaches $98,835. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,096/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1931
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76265, Saint Jo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 582 (60.2%) |
| Renter Occupied HU | 162 (16.8%) |
| Vacant Housing Units | 223 (23.1%) |
| Median Home Value | $258,696 |
| Average Home Value | $332,650 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
79
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