509 Starkey StBangsTX76823
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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 Bangs at 509 Starkey St, Bangs, TX, 76823 priced at $149,500 converts $1,145/mo rent into $82/mo cash flow after a $732/mo obligation. Total monthly income equals $1,145/mo, and annual cash flow totals $979/yr on $49,559 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 9.19% against a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation compiles into $41,304 by year five. Five-year ROI reaches 114.68% and total cumulative return in cash sums $56,837. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,145/mo property income covering a $732/mo payment, not borrower’s personal income.
Single Family
Built in 2018
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76823, Bangs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,280 (100%) |
| Owner Occupied HU | 843 (65.9%) |
| Renter Occupied HU | 246 (19.2%) |
| Vacant Housing Units | 191 (14.9%) |
| Median Home Value | $177,123 |
| Average Home Value | $238,600 |
Housing Distribution
Address Breakdown
Residential
968
Single Family
932
Multi-Family
36
Businesses
76
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