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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Garwood at 503 N Main, Garwood, TX, 77442 with 5% annual appreciation on a $165,000 basis while $2,944/mo rent supports operations. Total monthly income totals $2,944/mo and a $808/mo payment preserves $1,770/mo for cash returns. Annual cash flow comes to $21,243/yr on $54,698 deployed, and return on cash invested reaches 58.75% in year one. Equity gained on principal adds $1,065/yr, and five-year appreciation sums $45,586 alongside rental yield of 21.41%. Five-year ROI measures 312.39% and total cumulative return in cash totals $170,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,944/mo property income versus a $808/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77442, Garwood, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 689 (100%) |
| Owner Occupied HU | 459 (66.6%) |
| Renter Occupied HU | 77 (11.2%) |
| Vacant Housing Units | 153 (22.2%) |
| Median Home Value | $234,295 |
| Average Home Value | $261,901 |
Residential
263
Single Family
263
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2024-05-22 | Price change | $165,000 |
| 2024-02-05 | Listed for sale | $175,000 |
| 2024-01-21 | Pending sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Justin Crosby • Keller Williams Realty Southwest
Mls Name: HAR
Mls Provider:
Mls ID: #88947935
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