705 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
Investment property for sale in College Station at 705 Summerglen Dr, College Station, TX, 77840 uses $94,776 cash to close to unlock $6,711/yr annual cash flow and $559/mo monthly cash flow. Total monthly income runs $2,592/mo, and a $1,399/mo payment keeps the spread at $559/mo. Purchase price stands at $285,900, and rental yield measures 10.88% with $2,592/mo rent. Return on cash invested shows 26.99% in year one, and 5% annual appreciation builds toward $78,989 over five years. Five-year ROI reaches 142.06% and total cumulative return in cash records $134,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,592/mo property income covering a $1,399/mo payment rather than investor’s personal income.
Single Family
Built in 1992
8,428 sqft 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: Keri West • BHHS Caliber Realty
Mls Name: BCSMLS
Mls ID: #25007188