619 Fm 348Long BranchTX75669
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Long Branch at 619 Fm 348, Long Branch, TX, 75669 offers a 8.95% rental yield on a $159,900 purchase with $1,193/mo rent. Total monthly income registers $1,193/mo, and a $783/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $667/yr on $53,007 to close, and return on cash invested stands at 21.17% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 110.85% and total cumulative return in cash at $58,758. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,193/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75669, Long Branch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 377 (100%) |
| Owner Occupied HU | 250 (66.3%) |
| Renter Occupied HU | 48 (12.7%) |
| Vacant Housing Units | 79 (21.0%) |
| Median Home Value | $207,143 |
| Average Home Value | $229,310 |
Housing Distribution
Address Breakdown
Residential
342
Single Family
342
Multi-Family
0
Businesses
13
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Listed by: Aubrey A Hull-Goodwin • Theresa Hull Hometown Realty Group
Mls Name: LGVBOARD
Mls ID: #20257879