629 S Oak StVanTX75790
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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 Van at 629 S Oak St, Van, TX, 75790 generates $4,243/mo in rent and, after a $1,517/mo payment, leaves $1,828/mo in cash flow. Total monthly income is $4,243/mo, and annual cash flow is $21,933/yr on $102,765 invested. Return on cash invested sits at 41.25% in year one, and rental yield is 16.42% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 219.4% and total cumulative return in cash sums $225,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,243/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75790, Van, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,289 (66.8%) |
| Renter Occupied HU | 454 (23.5%) |
| Vacant Housing Units | 186 ( 9.6%) |
| Median Home Value | $211,752 |
| Average Home Value | $270,403 |
Housing Distribution
Address Breakdown
Residential
1,495
Single Family
1,495
Multi-Family
0
Businesses
235
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Listed by: Christopher Cerda • Chris Christopher Properties
Mls Name: HAR
Mls Provider:
Mls ID: #31320897
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