








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Giddings at 615 E Washington St, Giddings, TX, 78942 generates $1,194/mo in rent, after a $1,454/mo payment. Total monthly income is $1,194/mo. Return on cash invested sits at 8.72% in year one, and rental yield is 4.82% on a $297,000 entry. Equity gained on principal adds $1,916/yr, while 5% annual appreciation builds toward $82,056 over five years. Five-year ROI reaches 44.04% and total cumulative return in cash sums $43,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,194/mo property income rather than buyer’s personal income.
Multi Family
Built in 1936
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78942, Giddings, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,135 (100%) |
| Owner Occupied HU | 2,609 (63.1%) |
| Renter Occupied HU | 960 (23.2%) |
| Vacant Housing Units | 566 (13.7%) |
| Median Home Value | $264,817 |
| Average Home Value | $315,636 |
Residential
3,542
Single Family
3,357
Multi-Family
185
Businesses
610
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Mike Newman • Schultz Texas Properties, LLC
Mls Name: Unlock MLS
Mls ID: #3887998