500 N 3rd StBangsTX76823
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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 Bangs at 500 N 3rd St, Bangs, TX, 76823 offers $3,602/mo rent that, after a $1,028/mo payment, leaves $2,109/mo cash flow. Total monthly income is $3,602/mo, and annual cash flow is $25,302/yr on $69,615 cash. Return on cash invested measures 56.25% in year one, and rental yield stands at 20.58% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 298.99% and total cumulative return in cash reaches $208,144. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,602/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76823, Bangs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 843 (65.9%) |
| Renter Occupied HU | 246 (19.2%) |
| Vacant Housing Units | 191 (14.9%) |
| Median Home Value | $177,123 |
| Average Home Value | $238,600 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
932
Multi-Family
36
Businesses
76
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Listed by: Paula Gilliam • Texas Realty
Mls Name: NTREIS
Mls ID: #20684851
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.