515 Needles StVidorTX77662
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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 Vidor at 515 Needles St, Vidor, TX, 77662 with 5% annual appreciation on a $179,900 basis while $1,361/mo rent supports operations. Total monthly income totals $1,361/mo and a $881/mo payment preserves $81/mo for cash returns. Annual cash flow comes to $975/yr on $59,637 deployed, and return on cash invested reaches 21.54% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 9.08%. Five-year ROI measures 112.9% and total cumulative return in cash totals $67,329.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,361/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77662, Vidor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,351 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 1,998 (17.6%) |
| Vacant Housing Units | 1,503 (13.2%) |
| Median Home Value | $175,830 |
| Average Home Value | $210,596 |
Housing Distribution
Address Breakdown
Residential
10,386
Single Family
10,021
Multi-Family
365
Businesses
512
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Listed by: Christel Sturm • Pinnacle Realty Advisors -- 9004209
Mls Name: BBOR
Mls Provider:
Mls ID: #259422
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.