809 CookOdemTX78370
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
Rental property for sale in Odem at 809 Cook, Odem, TX, 78370 priced at $149,900 pairs $1,178/mo rent with $112/mo cash flow after a $734/mo payment. Total monthly income equals $1,178/mo, and annual cash flow comes to $1,341/yr on $49,692 invested. Return on cash invested is 22.61% in year one, and rental yield stands at 9.43% on a $149,900 basis. Equity gained on principal adds $967/yr, and 5% annual appreciation accumulates to $41,415 by year five. Five-year ROI measures 118.54% and total cumulative return in cash reaches $58,907. For financing, Ziffy Mortgage’s DSCR program evaluates $1,178/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78370, Odem, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,069 (100%) |
| Owner Occupied HU | 1,465 (70.8%) |
| Renter Occupied HU | 369 (17.8%) |
| Vacant Housing Units | 235 (11.4%) |
| Median Home Value | $221,886 |
| Average Home Value | $236,819 |
Housing Distribution
Address Breakdown
Residential
1,401
Single Family
1,400
Multi-Family
1
Businesses
101
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