590 Hartman RdSilsbeeTX77656
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
Rental property for sale in Silsbee at 590 Hartman Rd, Silsbee, TX, 77656 offers $2,780/mo rent that, after a $6,358/mo payment. Total monthly income is $2,780/mo. Return on cash invested measures 1.96% in year one, and rental yield stands at 2.57% at a $1,299,000 entry. Equity gained on principal adds $8,382/yr while 5% annual appreciation compounds into $358,890 by year five. Five-year ROI records 7.72% and total cumulative return in cash reaches $32,497. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,780/mo property income versus a $6,358/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
27.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices