8117 County Road 6220ShallowaterTX79363
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 Shallowater at 8117 County Road 6220, Shallowater, TX, 79363 generates $5,755/mo in rent, after a $8,810/mo payment. Total monthly income is $5,755/mo. Return on cash invested sits at 5.87% in year one, and rental yield is 3.84% on a $1,800,000 entry. Equity gained on principal adds $11,615/yr, while 5% annual appreciation builds toward $497,307 over five years. Five-year ROI reaches 28.71% and total cumulative return in cash sums $167,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,755/mo property income rather than buyer’s personal income.
Single Family
Built in 2013
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79363, Shallowater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,492 (100%) |
| Owner Occupied HU | 1,816 (72.9%) |
| Renter Occupied HU | 513 (20.6%) |
| Vacant Housing Units | 163 ( 6.5%) |
| Median Home Value | $276,884 |
| Average Home Value | $310,461 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,326
Multi-Family
0
Businesses
143
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Listed by: Sharon Lee • WestMark Companies
Mls Name: LBMLS
Mls ID: #202557851