8323 E State Highway 29GeorgetownTX78626
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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 Georgetown at 8323 E State Highway 29, Georgetown, TX, 78626 generates $2,356/mo in rent, after a $9,544/mo payment. Total monthly income is $2,356/mo. Return on cash invested sits at -1.49% in year one, and rental yield is 1.45% on a $1,950,000 entry. Equity gained on principal adds $12,583/yr, while 5% annual appreciation builds toward $538,749 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,356/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
8.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78626, Georgetown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,715 (100%) |
| Owner Occupied HU | 12,437 (54.8%) |
| Renter Occupied HU | 8,112 (35.7%) |
| Vacant Housing Units | 2,166 ( 9.5%) |
| Median Home Value | $447,966 |
| Average Home Value | $498,391 |
Housing Distribution
Address Breakdown
Residential
20,357
Single Family
15,646
Multi-Family
4,711
Businesses
1,177
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Listed by: Jenna Mensik • Southern Luxury Properties LLC
Mls Name: Unlock MLS
Mls ID: #6005479