880 Norbert StBridge CityTX77611
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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 Bridge City at 880 Norbert St, Bridge City, TX, 77611 priced at $148,000 converts $1,116/mo rent into after a $724/mo obligation. Total monthly income equals $1,116/mo. Return on cash invested prints 19.52% in year one, and rental yield reads 9.05% against a $148,000 entry. Equity gained on principal adds $955/yr, while 5% annual appreciation compiles into $40,890 by year five. Five-year ROI reaches 102.76% and total cumulative return in cash sums $50,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,116/mo property income covering a $724/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77611, Bridge City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,165 (100%) |
| Owner Occupied HU | 2,778 (66.7%) |
| Renter Occupied HU | 1,049 (25.2%) |
| Vacant Housing Units | 338 ( 8.1%) |
| Median Home Value | $226,435 |
| Average Home Value | $259,459 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,678
Multi-Family
265
Businesses
358
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Listed by: Darci Piel • Coldwell Banker Lumberton -- 422284
Mls Name: BBOR
Mls Provider:
Mls ID: #258525
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.