6555 Mockingbird RdFlatoniaTX78941
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
Rental property for sale in Flatonia at 6555 Mockingbird Rd, Flatonia, TX, 78941 priced at $599,000 converts $2,222/mo rent into after a $2,932/mo obligation. Total monthly income equals $2,222/mo. Return on cash invested prints 7.65% in year one, and rental yield reads 4.45% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 38.32% and total cumulative return in cash sums $75,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,222/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 2004
23.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78941, Flatonia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 953 (60.7%) |
| Renter Occupied HU | 188 (12.0%) |
| Vacant Housing Units | 428 (27.3%) |
| Median Home Value | $304,573 |
| Average Home Value | $452,568 |
Housing Distribution
Address Breakdown
Residential
1,014
Single Family
1,014
Multi-Family
0
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chip Bubela • Bubela Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #26340754
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.