604 Runaway Bay DrRunaway BayTX76426
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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 Runaway Bay at 604 Runaway Bay Dr, Runaway Bay, TX, 76426 with 5% annual appreciation on a $429,000 basis while $2,732/mo rent supports operations. 22% in year one. Equity gained on principal adds $2,768/yr, and five-year appreciation sums $118,525 alongside rental yield of 7.64%. Five-year ROI measures 89.65% and total cumulative return in cash totals $127,501. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,732/mo property income versus a $2,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76426, Bridgeport, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,224 (65.2%) |
| Renter Occupied HU | 1,136 (23.0%) |
| Vacant Housing Units | 583 (11.8%) |
| Median Home Value | $265,706 |
| Average Home Value | $322,353 |
Housing Distribution
Address Breakdown
Residential
4,560
Single Family
4,297
Multi-Family
263
Businesses
584
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Listed by: Jacqueline Gaddis • Parker Properties Real Estate
Mls Name: NTREIS
Mls ID: #21098709