625 & 629 3rd StBullardTX75757
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 Bullard at 625 & 629 3rd St, Bullard, TX, 75757 listed at $545,000 pairs $4,975/mo rent with a $2,668/mo payment to leave $1,099/mo cash flow. Total monthly income runs $4,975/mo, and annual cash flow reaches $13,187/yr on $179,305 cash to close. Return on cash invested measures 27.41% in year one, and rental yield registers 10.95% at a $545,000 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Five-year ROI tracks 144.27% and total cumulative return in cash totals $258,684. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,975/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2023
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brad Newberry • Newberry Real Estate
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24009172
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.