507 N Banks StCaldwellTX77836
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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 Caldwell at 507 N Banks St, Caldwell, TX, 77836 earns $496/mo cash flow from $1,334/mo rent with a $577/mo payment. Total monthly income totals $1,334/mo, and annual cash flow totals $5,948/yr on $39,084 capital. ROI tracks 35.13% on current figures, and rental yield reads 13.58% at a $117,900 purchase. Equity gained on principal adds $761/yr, and 5% annual appreciation supports $32,574 over five years. Five-year ROI reaches 185.71% and total cumulative return in cash sums $72,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,334/mo property income instead of your personal income.
Single Family
Built in 1981
6,899 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77836, Caldwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,448 (100%) |
| Owner Occupied HU | 4,176 (64.8%) |
| Renter Occupied HU | 1,058 (16.4%) |
| Vacant Housing Units | 1,214 (18.8%) |
| Median Home Value | $229,911 |
| Average Home Value | $275,725 |
Housing Distribution
Address Breakdown
Residential
5,115
Single Family
5,083
Multi-Family
32
Businesses
466
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Listed by: Renita Odstrcil • Cross-Town Realty, LLC
Mls Name: BCSMLS
Mls Provider:
Mls ID: #24013496
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.