7913 Grissom DrSilsbeeTX77656
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Silsbee at 7913 Grissom Dr, Silsbee, TX, 77656 earns $466/mo cash flow from $2,208/mo rent with a $1,199/mo payment. Total monthly income totals $2,208/mo, and annual cash flow totals $5,591/yr on $81,218 capital. ROI tracks 26.79% on current figures, and rental yield reads 10.81% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 140.95% and total cumulative return in cash sums $114,480. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,208/mo property income instead of your personal income.
Single Family
Built in N/A
0.97 Acres 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: Darci Piel • Coldwell Banker Lumberton -- 422284
Mls Name: BBOR
Mls Provider:
Mls ID: #259352
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.