602 W 12th StBradyTX76825
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 Brady at 602 W 12th St, Brady, TX, 76825 offers $984/mo rent that, after a $734/mo payment. Total monthly income is $984/mo. Return on cash invested measures 17.92% in year one, and rental yield stands at 7.87% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 93.41% and total cumulative return in cash reaches $46,446. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $984/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76825, Brady, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,409 (100%) |
| Owner Occupied HU | 1,869 (54.8%) |
| Renter Occupied HU | 830 (24.3%) |
| Vacant Housing Units | 710 (20.8%) |
| Median Home Value | $110,176 |
| Average Home Value | $205,555 |
Housing Distribution
Address Breakdown
Residential
2,864
Single Family
2,736
Multi-Family
128
Businesses
373
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Virginia Moore • Texas Prime Country
Mls Name: NTREIS
Mls ID: #20709061
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.