702 Summerglen DrCollege StationTX77840
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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 College Station at 702 Summerglen Dr, College Station, TX, 77840 offers $3,562/mo rent that, after a $1,909/mo payment, leaves $789/mo cash flow. Total monthly income is $3,562/mo, and annual cash flow is $9,463/yr on $129,268 cash. Return on cash invested measures 27.23% in year one, and rental yield stands at 10.96% at a $389,950 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,736 by year five. Five-year ROI records 143.31% and total cumulative return in cash reaches $185,261. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,562/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77840, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,002 (100%) |
| Owner Occupied HU | 2,203 ( 8.2%) |
| Renter Occupied HU | 20,140 (74.6%) |
| Vacant Housing Units | 4,659 (17.3%) |
| Median Home Value | $310,088 |
| Average Home Value | $383,790 |
Housing Distribution
Address Breakdown
Residential
16,688
Single Family
8,386
Multi-Family
8,302
Businesses
1,194
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Listed by: Edward Allison • Engel & Voelkers B/CS
Mls Name: BCSMLS
Mls Provider:
Mls ID: #25001266
Disclaimer: IDX information is provided exclusively for 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.