642 E 1st StSullivan CityTX78595
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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 Sullivan City at 642 E 1st St, Sullivan City, TX, 78595 offers a 6.21% rental yield on a $184,299 purchase with $953/mo rent. 89% in year one. Equity gained on principal adds $1,189/yr while 5% annual appreciation supports $50,918 over five years. Portfolio math shows five-year ROI at 66.44% and total cumulative return in cash at $40,594. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $953/mo property income against a $902/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78595, Sullivan City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,221 (100%) |
| Owner Occupied HU | 1,684 (75.8%) |
| Renter Occupied HU | 315 (14.2%) |
| Vacant Housing Units | 222 ( 10.0%) |
| Median Home Value | $87,481 |
| Average Home Value | $120,643 |
Housing Distribution
Address Breakdown
Residential
1,527
Single Family
1,527
Multi-Family
0
Businesses
49
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Listed by: Chet Polniazek • 1st Texas Realty Services
Mls Name: HAR
Mls ID: #76882770