821 E Patricio StSkidmoreTX78389
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 Skidmore at 821 E Patricio St, Skidmore, TX, 78389 at $245,000 posts ROI 49.15% with $1,979/mo cash flow from $3,721/mo rent. Total monthly income equals $3,721/mo, and annual cash flow records $23,747/yr on $81,218 to close. Return on cash invested measures 49.15% and rental yield reads 18.23% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 260.84% and total cumulative return in cash totals $211,848.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,721/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2021
2.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78389, Skidmore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 723 (100%) |
| Owner Occupied HU | 484 (66.9%) |
| Renter Occupied HU | 88 (12.2%) |
| Vacant Housing Units | 151 (20.9%) |
| Median Home Value | $74,324 |
| Average Home Value | $146,049 |
Housing Distribution
Address Breakdown
Residential
445
Single Family
445
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices