506 W Broadway StWestTX76691
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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
Investment property for sale in West at 506 W Broadway St, West, TX, 76691 with 5% annual appreciation on a $128,400 basis while $1,682/mo rent supports operations. Total monthly income totals $1,682/mo and a $628/mo payment preserves $769/mo for cash returns. Annual cash flow comes to $9,233/yr on $42,565 deployed, and return on cash invested reaches 41.6% in year one. Equity gained on principal adds $829/yr, and five-year appreciation sums $35,475 alongside rental yield of 15.72%. Five-year ROI measures 220.45% and total cumulative return in cash totals $93,832.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,682/mo property income versus a $628/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76691, West, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,894 (100%) |
| Owner Occupied HU | 2,109 (72.9%) |
| Renter Occupied HU | 569 (19.7%) |
| Vacant Housing Units | 216 ( 7.5%) |
| Median Home Value | $298,397 |
| Average Home Value | $355,776 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,717
Multi-Family
76
Businesses
240
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