820 Steadam RdForestburgTX76239
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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
Total monthly income runs $6,080/mo, and a $9,006/mo payment. Purchase price stands at $1,840,000, and rental yield measures 3.97% with $6,080/mo rent. Return on cash invested shows 6.27% in year one, and 5% annual appreciation builds toward $508,358 over five years. Five-year ROI reaches 30.85% and total cumulative return in cash records $183,894. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,080/mo property income covering a $9,006/mo payment rather than investor’s personal income.
Single Family
Built in 2023
56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76239, Forestburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 314 (67.2%) |
| Renter Occupied HU | 65 (13.9%) |
| Vacant Housing Units | 88 (18.8%) |
| Median Home Value | $297,500 |
| Average Home Value | $376,648 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
28
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Listed by: Rene Jensen • Lonestar Luxury Realty, LLC
Mls Name: NTREIS
Mls ID: #20646467
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