Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Giddings at 555 W Hempstead St, Giddings, TX, 78942 offers $1,342/mo rent that, after a $734/mo payment, leaves $258/mo cash flow. Total monthly income is $1,342/mo, and annual cash flow is $3,096/yr on $49,725 cash. Return on cash invested measures 26.14% in year one, and rental yield stands at 10.74% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 137.59% and total cumulative return in cash reaches $68,418. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,342/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78942, Giddings, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,135 (100%) |
| Owner Occupied HU | 2,609 (63.1%) |
| Renter Occupied HU | 960 (23.2%) |
| Vacant Housing Units | 566 (13.7%) |
| Median Home Value | $264,817 |
| Average Home Value | $315,636 |
Residential
3,542
Single Family
3,357
Multi-Family
185
Businesses
610
Date | Event | Price |
|---|---|---|
| 2024-12-23 | Price change | $150,000 |
| 2024-10-28 | Price change | $170,000 |
| 2024-09-20 | Price change | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2700.53 | -2.80% | $133,452 | -1.20% |
| 2023-12-27 | $2778.28 | 9.37% | $135,070 | 20.23% |
| 2022-12-27 | $2540.35 | 35.98% | $112,340 | 46.37% |
Listed by: Norman Schultz • Schultz Texas Properties
Mls Name: HAR
Mls Provider:
Mls ID: #54400526
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively 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. Information is deemed reliable but not guaranteed.
