6511 E Grigsby RdVidorTX77662
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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 Vidor at 6511 E Grigsby Rd, Vidor, TX, 77662 with 5% annual appreciation on a $250,000 basis while $1,690/mo rent supports operations. 63% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 8.11%. Five-year ROI measures 97.2% and total cumulative return in cash totals $80,554. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,690/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
10.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77662, Vidor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,351 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 1,998 (17.6%) |
| Vacant Housing Units | 1,503 (13.2%) |
| Median Home Value | $175,830 |
| Average Home Value | $210,596 |
Housing Distribution
Address Breakdown
Residential
10,386
Single Family
10,021
Multi-Family
365
Businesses
512
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