502 Live Oak DrJohnson CityTX78636
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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 Johnson City at 502 Live Oak Dr, Johnson City, TX, 78636 offers $2,946/mo rent that, after a $1,637/mo payment, leaves $568/mo cash flow. Total monthly income is $2,946/mo, and annual cash flow is $6,810/yr on $110,887 cash. Return on cash invested measures 26.05% in year one, and rental yield stands at 10.57% at a $334,500 entry. Equity gained on principal adds $2,158/yr while 5% annual appreciation compounds into $92,416 by year five. Five-year ROI records 137% and total cumulative return in cash reaches $151,915. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,946/mo property income versus a $1,637/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78636, Johnson City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,253 (58.4%) |
| Renter Occupied HU | 418 (19.5%) |
| Vacant Housing Units | 475 (22.1%) |
| Median Home Value | $501,150 |
| Average Home Value | $651,030 |
Housing Distribution
Address Breakdown
Residential
1,453
Single Family
1,453
Multi-Family
0
Businesses
249
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Listed by: Tricia Keith • Keller Williams Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1781222
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.