509 Reeves StClydeTX79510
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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 Clyde at 509 Reeves St, Clyde, TX, 79510 offers $1,523/mo rent that, after a $1,101/mo payment. Total monthly income is $1,523/mo. Return on cash invested measures 18.68% in year one, and rental yield stands at 8.13% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 97.48% and total cumulative return in cash reaches $72,673. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,523/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79510, Clyde, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,811 (100%) |
| Owner Occupied HU | 2,649 (69.5%) |
| Renter Occupied HU | 714 (18.7%) |
| Vacant Housing Units | 448 (11.8%) |
| Median Home Value | $171,444 |
| Average Home Value | $254,934 |
Housing Distribution
Address Breakdown
Residential
3,496
Single Family
3,496
Multi-Family
0
Businesses
221
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Listed by: Angela Tomlin • RE/MAX TRINITY
Mls Name: NTREIS
Mls ID: #20901139
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.