560 Elgie 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
Rental property for sale in Vidor at 560 Elgie St, Vidor, TX, 77662 offers $1,066/mo rent that, after a $1,292/mo payment. Total monthly income is $1,066/mo. Return on cash invested measures 8.79% in year one, and rental yield stands at 4.85% at a $264,000 entry. Equity gained on principal adds $1,704/yr while 5% annual appreciation compounds into $72,938 by year five. Five-year ROI records 44.4% and total cumulative return in cash reaches $38,857. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,066/mo property income versus a $1,292/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.49 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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Listed by: Kathleen Reddell • United Country - JW Realty & A
Mls Name: BBOR
Mls Provider:
Mls ID: #252790
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is 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.