641 Baxter StGarwoodTX77442
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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 Garwood at 641 Baxter St, Garwood, TX, 77442 earns $79/mo cash flow from $1,430/mo rent with a $930/mo payment. Total monthly income totals $1,430/mo, and annual cash flow totals $946/yr on $62,985 capital. ROI tracks 21.41% on current figures, and rental yield reads 9.03% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 112.1% and total cumulative return in cash sums $70,608. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,430/mo property income instead of your personal income.
Single Family
Built in 1920
8,032 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77442, Garwood, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 689 (100%) |
| Owner Occupied HU | 459 (66.6%) |
| Renter Occupied HU | 77 (11.2%) |
| Vacant Housing Units | 153 (22.2%) |
| Median Home Value | $234,295 |
| Average Home Value | $261,901 |
Housing Distribution
Address Breakdown
Residential
263
Single Family
263
Multi-Family
0
Businesses
21
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