88 Heritage DrVidorTX77662
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 Vidor at 88 Heritage Dr, Vidor, TX, 77662 uses $59,667 cash to close to unlock $7,920/yr annual cash flow and $660/mo monthly cash flow. Total monthly income runs $1,940/mo, and a $881/mo payment keeps the spread at $660/mo. Purchase price stands at $179,990, and rental yield measures 12.93% with $1,940/mo rent. Return on cash invested shows 33.18% in year one, and 5% annual appreciation builds toward $49,728 over five years. Five-year ROI reaches 175.32% and total cumulative return in cash records $104,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,940/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77662, Vidor, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,351 (100%) |
| Owner Occupied HU | 7,850 (69.2%) |
| Renter Occupied HU | 1,998 (17.6%) |
| Vacant Housing Units | 1,503 (13.2%) |
| Median Home Value | $175,830 |
| Average Home Value | $210,596 |
Housing Distribution
Address Breakdown
Residential
10,386
Single Family
10,021
Multi-Family
365
Businesses
512
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Smith • LPT Realty, LLC
Mls Name: BBOR
Mls Provider:
Mls ID: #253490
Disclaimer: All information provided is deemed reliable but is not guaranteed. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.