600 Proctor StAustwellTX77950
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 Austwell at 600 Proctor St, Austwell, TX, 77950 offers $1,741/mo rent that, after a $881/mo payment, leaves $461/mo cash flow. Total monthly income is $1,741/mo, and annual cash flow is $5,532/yr on $59,670 cash. Return on cash invested measures 29.18% in year one, and rental yield stands at 11.61% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 153.75% and total cumulative return in cash reaches $91,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,741/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77950, Austwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 94 (100%) |
| Owner Occupied HU | 50 (53.2%) |
| Renter Occupied HU | 15 (16.0%) |
| Vacant Housing Units | 29 (30.9%) |
| Median Home Value | $65,000 |
| Average Home Value | $201,800 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
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