505 E Washington StKosseTX76653
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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 Kosse at 505 E Washington St, Kosse, TX, 76653 offers a 8.89% rental yield on a $223,600 purchase with $1,657/mo rent. Total monthly income registers $1,657/mo, and a $1,094/mo payment leaves $32/mo available for distribution. Annual cash flow reaches $388/yr on $74,123 to close, and return on cash invested stands at 20.43% in year one. Equity gained on principal adds $1,443/yr while 5% annual appreciation supports $61,777 over five years. Portfolio math shows five-year ROI at 107.09% and total cumulative return in cash at $79,381. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,657/mo property income against a $1,094/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76653, Kosse, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 374 (61.8%) |
| Renter Occupied HU | 81 (13.4%) |
| Vacant Housing Units | 150 (24.8%) |
| Median Home Value | $200,000 |
| Average Home Value | $240,127 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
45
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