602 Clovis CtCollege StationTX77845
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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 College Station at 602 Clovis Ct, College Station, TX, 77845 offers a 9.72% rental yield on a $429,500 purchase with $3,480/mo rent. Total monthly income registers $3,480/mo, and a $2,102/mo payment leaves $426/mo available for distribution. Annual cash flow reaches $5,111/yr on $142,379 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $2,772/yr while 5% annual appreciation supports $118,663 over five years. Portfolio math shows five-year ROI at 123.29% and total cumulative return in cash at $175,538. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,480/mo property income against a $2,102/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77845, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32,030 (100%) |
| Owner Occupied HU | 17,803 (55.6%) |
| Renter Occupied HU | 11,643 (36.4%) |
| Vacant Housing Units | 2,584 ( 8.1%) |
| Median Home Value | $384,705 |
| Average Home Value | $443,358 |
Housing Distribution
Address Breakdown
Residential
30,727
Single Family
26,627
Multi-Family
4,100
Businesses
1,596
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Listed by: Halley Roberson • Bell Properties
Mls Name: BCSMLS
Mls ID: #25010642