508 Jefferson StNew BostonTX75570
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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
Rental property for sale in New Boston at 508 Jefferson St, New Boston, TX, 75570 priced at $149,900 pairs $2,281/mo rent with $1,215/mo cash flow after a $734/mo payment. Total monthly income equals $2,281/mo, and annual cash flow comes to $14,577/yr on $49,692 invested. Return on cash invested is 49.24% in year one, and rental yield stands at 18.26% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 261.36% and total cumulative return in cash reaches $129,875. For financing, Ziffy Mortgage’s DSCR program evaluates $2,281/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75570, New Boston, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,377 (61.0%) |
| Renter Occupied HU | 1,165 (29.9%) |
| Vacant Housing Units | 353 ( 9.1%) |
| Median Home Value | $199,907 |
| Average Home Value | $219,324 |
Housing Distribution
Address Breakdown
Residential
3,675
Single Family
3,585
Multi-Family
90
Businesses
366
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Listed by: Penny Brabham • Superior Realty
Mls Name: TMLS
Mls ID: #115567
Disclaimer: Copyright Texarkana Board of Realtors. Information is deemed reliable but not guaranteed.