608 W Howell StSaint JoTX76265
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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 Saint Jo at 608 W Howell St, Saint Jo, TX, 76265 offers $1,813/mo rent that, after a $2,442/mo payment. Total monthly income is $1,813/mo. Return on cash invested measures 7.32% in year one, and rental yield stands at 4.36% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 36.54% and total cumulative return in cash reaches $60,438. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,813/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76265, Saint Jo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 967 (100%) |
| Owner Occupied HU | 582 (60.2%) |
| Renter Occupied HU | 162 (16.8%) |
| Vacant Housing Units | 223 (23.1%) |
| Median Home Value | $258,696 |
| Average Home Value | $332,650 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
79
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