705 W Collier StJasperTX75951
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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 Jasper at 705 W Collier St, Jasper, TX, 75951 offers $1,320/mo rent that, after a $734/mo payment, leaves $254/mo cash flow. Total monthly income is $1,320/mo, and annual cash flow is $3,042/yr on $49,725 cash. Return on cash invested measures 26.03% in year one, and rental yield stands at 10.56% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 136.92% and total cumulative return in cash reaches $68,082. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,320/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1980
1,219 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75951, Jasper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,198 (100%) |
| Owner Occupied HU | 4,241 (58.9%) |
| Renter Occupied HU | 1,614 (22.4%) |
| Vacant Housing Units | 1,343 (18.7%) |
| Median Home Value | $140,051 |
| Average Home Value | $195,186 |
Housing Distribution
Address Breakdown
Residential
6,425
Single Family
5,938
Multi-Family
487
Businesses
872
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Listed by: Angela McDonald • Re/Max Ranch and Residential
Mls Name: LAR
Mls Provider:
Mls ID: #5105760
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.