824 N Bluebonnet Rd #824MasonTX76856
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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
Rental property for sale in Mason at 824 N Bluebonnet Rd #824, Mason, TX, 76856 generates $1,521/mo in rent, after a $1,052/mo payment. Total monthly income is $1,521/mo. Return on cash invested sits at 19.78% in year one, and rental yield is 8.49% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 103.38% and total cumulative return in cash sums $73,681. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,521/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76856, Mason, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,213 (100%) |
| Owner Occupied HU | 1,283 (58.0%) |
| Renter Occupied HU | 386 (17.4%) |
| Vacant Housing Units | 544 (24.6%) |
| Median Home Value | $316,341 |
| Average Home Value | $455,563 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
209
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