802 1st StBaysideTX78340
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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 Bayside at 802 1st St, Bayside, TX, 78340 offers a 0% rental yield on a $247,500 purchase with $0/mo rent. 83% in year one. Equity gained on principal adds $1,597/yr while 5% annual appreciation supports $68,380 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,211/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78340, Bayside, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 229 (100%) |
| Owner Occupied HU | 122 (53.3%) |
| Renter Occupied HU | 15 ( 6.6%) |
| Vacant Housing Units | 92 (40.2%) |
| Median Home Value | $164,583 |
| Average Home Value | $197,602 |
Housing Distribution
Address Breakdown
Residential
23
Single Family
23
Multi-Family
0
Businesses
14
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