869 Duffer Dr #23/24BrookelandTX75931
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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
Investment property for sale in Brookeland at 869 Duffer Dr #23/24, Brookeland, TX, 75931 listed at $389,000 pairs $3,318/mo rent with a $1,904/mo payment to leave $552/mo cash flow. Total monthly income runs $3,318/mo, and annual cash flow reaches $6,621/yr on $128,954 cash to close. Return on cash invested measures 25.04% in year one, and rental yield registers 10.24% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 131.58% and total cumulative return in cash totals $169,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,318/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75931, Brookeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 932 (46.2%) |
| Renter Occupied HU | 148 ( 7.3%) |
| Vacant Housing Units | 938 (46.5%) |
| Median Home Value | $265,132 |
| Average Home Value | $309,654 |
Housing Distribution
Address Breakdown
Residential
1,581
Single Family
1,581
Multi-Family
0
Businesses
75
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Listed by: Brenda J Job • Rayburn Realty
Mls Name: TAR MLS
Mls ID: #210532
Disclaimer: Based on information from the Multiple Listing Service of the Association as of 2024-12-26 19:39:37 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Association provides the MLS and all content therein AS IS and without any warranty, express or implied. Copyright of Texas REALTORS. MLS aggregate data may not be reproduced or distributed.