839 Forrester StSilsbeeTX77656
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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 Silsbee at 839 Forrester St, Silsbee, TX, 77656 priced at $152,600 pairs $1,538/mo rent with $453/mo cash flow after a $747/mo payment. Total monthly income equals $1,538/mo, and annual cash flow comes to $5,433/yr on $50,587 invested. Return on cash invested is 30.65% in year one, and rental yield stands at 12.09% on a $152,600 basis. Equity gained on principal adds $985/yr, and 5% annual appreciation accumulates to $42,161 by year five. Five-year ROI measures 161.67% and total cumulative return in cash reaches $81,786. For financing, Ziffy Mortgage’s DSCR program evaluates $1,538/mo property income against a $747/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77656, Silsbee, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,878 (100%) |
| Owner Occupied HU | 5,225 (66.3%) |
| Renter Occupied HU | 1,701 (21.6%) |
| Vacant Housing Units | 952 (12.1%) |
| Median Home Value | $169,341 |
| Average Home Value | $191,769 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,650
Multi-Family
272
Businesses
550
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