504 W SullivanSkidmoreTX78389
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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 Skidmore at 504 W Sullivan, Skidmore, TX, 78389 priced at $329,000 pairs $2,164/mo rent with after a $1,610/mo payment. Total monthly income equals $2,164/mo. Return on cash invested is 17.98% in year one, and rental yield stands at 7.89% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 93.71% and total cumulative return in cash reaches $102,201. For financing, Ziffy Mortgage’s DSCR program evaluates $2,164/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78389, Skidmore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 484 (66.9%) |
| Renter Occupied HU | 88 (12.2%) |
| Vacant Housing Units | 151 (20.9%) |
| Median Home Value | $74,324 |
| Average Home Value | $146,049 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
27
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