770 N 8th StSilsbeeTX77656
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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 770 N 8th St, Silsbee, TX, 77656 offers $1,156/mo rent that, after a $680/mo payment, leaves $168/mo cash flow. Total monthly income is $1,156/mo, and annual cash flow is $2,015/yr on $46,079 cash. Return on cash invested measures 24.28% in year one, and rental yield stands at 9.98% at a $139,000 entry. Equity gained on principal adds $897/yr while 5% annual appreciation compounds into $38,403 by year five. Five-year ROI records 127.5% and total cumulative return in cash reaches $58,748. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,156/mo property income versus a $680/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9,147 sqft 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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Listed by: Suzanne Barfield • BARFIELD REAL ESTATE INC - 0128784
Mls Name: BBOR
Mls Provider:
Mls ID: #255262
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.