555 Fm 2997Richland SpringsTX76871
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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 Richland Springs at 555 Fm 2997, Richland Springs, TX, 76871 earns from $2,826/mo rent with a $2,344/mo payment. Total monthly income totals $2,826/mo. ROI tracks 15.53% on current figures, and rental yield reads 7.08% at a $479,000 purchase. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 over five years. Five-year ROI reaches 80.57% and total cumulative return in cash sums $127,935. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,826/mo property income instead of your personal income.
Single Family
Built in 1980
17.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76871, Richland Springs, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 436 (100%) |
| Owner Occupied HU | 251 (57.6%) |
| Renter Occupied HU | 42 ( 9.6%) |
| Vacant Housing Units | 143 (32.8%) |
| Median Home Value | $240,972 |
| Average Home Value | $547,231 |
Housing Distribution
Address Breakdown
Residential
310
Single Family
310
Multi-Family
0
Businesses
29
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Listed by: Christi Anderson • Asset Realty, LLC
Mls Name: NTREIS
Mls ID: #20764460
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.