501 E Fitzgerald StBangsTX76823
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Nearby investment properties with comparable prices
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 Bangs at 501 E Fitzgerald St, Bangs, TX, 76823 with 5% annual appreciation on a $160,000 basis while $1,284/mo rent supports operations. Total monthly income totals $1,284/mo and a $783/mo payment preserves $146/mo for cash returns. Annual cash flow comes to $1,756/yr on $53,040 deployed, and return on cash invested reaches 23.22% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 9.63%. Five-year ROI measures 121.86% and total cumulative return in cash totals $64,634.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,284/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.26 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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