601 Berlin StreetCastrovilleTX78009
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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 Castroville at 601 Berlin Street, Castroville, TX, 78009 offers a 7.69% rental yield on a $198,500 purchase with $1,272/mo rent. 36% in year one. Equity gained on principal adds $1,281/yr while 5% annual appreciation supports $54,842 over five years. Portfolio math shows five-year ROI at 90.37% and total cumulative return in cash at $59,465. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,272/mo property income against a $972/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78009, Castroville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,797 (100%) |
| Owner Occupied HU | 3,081 (81.1%) |
| Renter Occupied HU | 489 (12.9%) |
| Vacant Housing Units | 227 ( 6.0%) |
| Median Home Value | $350,619 |
| Average Home Value | $392,243 |
Housing Distribution
Address Breakdown
Residential
3,450
Single Family
3,450
Multi-Family
0
Businesses
405
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Listed by: Stephen Long • Long Properties
Mls Name: LERA MLS
Mls ID: #1899184