502 Live Oak DriveJohnson 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 Drive, Johnson City, TX, 78636 generates $2,843/mo in rent and, after a $1,637/mo payment, leaves $465/mo in cash flow. Total monthly income is $2,843/mo, and annual cash flow is $5,574/yr on $110,887 invested. Return on cash invested sits at 24.94% in year one, and rental yield is 10.2% on a $334,500 entry. Equity gained on principal adds $2,158/yr, while 5% annual appreciation builds toward $92,416 over five years. Five-year ROI reaches 131.02% and total cumulative return in cash sums $145,279. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,843/mo property income rather than buyer’s personal income.
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: HLMLS
Mls Provider:
Mls ID: #169448
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.