604 Heritage DrNavasotaTX77868
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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
Rental property for sale in Navasota at 604 Heritage Dr, Navasota, TX, 77868 priced at $237,000 converts $1,979/mo rent into $294/mo cash flow after a $1,160/mo obligation. Total monthly income equals $1,979/mo, and annual cash flow totals $3,524/yr on $78,566 invested. Return on cash invested prints 24.39% in year one, and rental yield reads 10.02% against a $237,000 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation compiles into $65,479 by year five. Five-year ROI reaches 128.11% and total cumulative return in cash sums $100,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,979/mo property income covering a $1,160/mo payment, not borrower’s personal income.
Single Family
Built in 2014
8,041 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77868, Navasota, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,529 (100%) |
| Owner Occupied HU | 4,260 (65.2%) |
| Renter Occupied HU | 1,511 (23.1%) |
| Vacant Housing Units | 758 (11.6%) |
| Median Home Value | $238,852 |
| Average Home Value | $347,829 |
Housing Distribution
Address Breakdown
Residential
5,985
Single Family
5,895
Multi-Family
90
Businesses
547
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