515 W Park 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 W Park St, Vidor, TX, 77662 earns $109/mo cash flow from $962/mo rent with a $587/mo payment. Total monthly income totals $962/mo, and annual cash flow totals $1,308/yr on $39,780 capital. ROI tracks 23.2% on current figures, and rental yield reads 9.62% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 121.71% and total cumulative return in cash sums $48,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $962/mo property income instead of your personal income.
Single Family
Built in 1955
0.63 Acres 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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