707 Harrel AveBynumTX76631
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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 Bynum at 707 Harrel Ave, Bynum, TX, 76631 earns $379/mo cash flow from $1,445/mo rent with a $734/mo payment. Total monthly income totals $1,445/mo, and annual cash flow totals $4,545/yr on $49,692 capital. ROI tracks 29.05% on current figures, and rental yield reads 11.57% at a $149,900 purchase. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 over five years. Five-year ROI reaches 153.12% and total cumulative return in cash sums $76,091. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,445/mo property income instead of your personal income.
Single Family
Built in 1960
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76631, Bynum, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 209 (100%) |
| Owner Occupied HU | 165 (78.9%) |
| Renter Occupied HU | 23 (11.0%) |
| Vacant Housing Units | 21 (10.0%) |
| Median Home Value | $329,221 |
| Average Home Value | $339,136 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
3
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