516 Stinson StFreerTX78357
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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
Investment property for sale in Freer at 516 Stinson St, Freer, TX, 78357 offers a 9.37% rental yield on a $118,000 purchase with $921/mo rent. Total monthly income registers $921/mo, and a $578/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $977/yr on $39,117 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 117.53% and total cumulative return in cash at $45,975. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $921/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78357, Freer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,268 (100%) |
| Owner Occupied HU | 773 (61.0%) |
| Renter Occupied HU | 269 (21.2%) |
| Vacant Housing Units | 226 (17.8%) |
| Median Home Value | $113,770 |
| Average Home Value | $129,337 |
Housing Distribution
Address Breakdown
Residential
22
Single Family
22
Multi-Family
0
Businesses
114
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