553 S Old Springfield RdNorth ZulchTX77872
Nearby investment properties with comparable rents
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
Total monthly income runs $1,500/mo, and a $1,317/mo payment. Purchase price stands at $269,000, and rental yield measures 6.69% with $1,500/mo rent. Return on cash invested shows 14.35% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 74.23% and total cumulative return in cash records $66,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Single Family
Built in 2010
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77872, North Zulch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 964 (100%) |
| Owner Occupied HU | 650 (67.4%) |
| Renter Occupied HU | 113 (11.7%) |
| Vacant Housing Units | 201 (20.9%) |
| Median Home Value | $242,935 |
| Average Home Value | $328,481 |
Housing Distribution
Address Breakdown
Residential
781
Single Family
781
Multi-Family
0
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brooke Willis • Standley Real Estate Company, LLC
Mls Name: HAR
Mls ID: #23576456