609 3rd St #613BullardTX75757
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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 Bullard at 609 3rd St #613, Bullard, TX, 75757 offers a 5.88% rental yield on a $660,900 purchase with $3,240/mo rent. Equity gained on principal adds $4,265/yr while 5% annual appreciation supports $182,594 over five years. Portfolio math shows five-year ROI at 61.62% and total cumulative return in cash at $133,984. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,240/mo property income against a $3,235/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75757, Bullard, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,745 (100%) |
| Owner Occupied HU | 4,356 (75.8%) |
| Renter Occupied HU | 892 (15.5%) |
| Vacant Housing Units | 497 ( 8.7%) |
| Median Home Value | $300,855 |
| Average Home Value | $345,717 |
Housing Distribution
Address Breakdown
Residential
6,218
Single Family
6,140
Multi-Family
78
Businesses
309
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Listed by: Lloyd Nichols • Nanci Wright Property Management
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24014624
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.