704 CantrellJourdantonTX78026
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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 Jourdanton at 704 Cantrell, Jourdanton, TX, 78026 uses $61,162 cash to close to unlock $2,953/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,579/mo, and a $903/mo payment keeps the spread at $246/mo. Purchase price stands at $184,500, and rental yield measures 10.27% with $1,579/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $50,974 over five years. Five-year ROI reaches 130.16% and total cumulative return in cash records $79,610. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,579/mo property income covering a $903/mo payment rather than investor’s personal income.
Multi Family
Built in 1978
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78026, Jourdanton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,599 (100%) |
| Owner Occupied HU | 1,738 (66.9%) |
| Renter Occupied HU | 621 (23.9%) |
| Vacant Housing Units | 240 ( 9.2%) |
| Median Home Value | $181,538 |
| Average Home Value | $208,628 |
Housing Distribution
Address Breakdown
Residential
2,371
Single Family
2,339
Multi-Family
32
Businesses
290
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Listed by: Pandy Salinas • Brohill Realty Ltd
Mls Name: SABOR
Mls Provider:
Mls ID: #1863517
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.