7581 Grissom DrSilsbeeTX77656
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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 Silsbee at 7581 Grissom Dr, Silsbee, TX, 77656 generates $1,263/mo in rent and, after a $795/mo payment, leaves $108/mo in cash flow. Total monthly income is $1,263/mo, and annual cash flow is $1,293/yr on $53,869 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 9.33% on a $162,500 entry. Equity gained on principal adds $1,049/yr, while 5% annual appreciation builds toward $44,896 over five years. Five-year ROI reaches 116.92% and total cumulative return in cash sums $62,982. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,263/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
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