906 Josephine StSweetwaterTX79556
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
Rental property for sale in Sweetwater at 906 Josephine St, Sweetwater, TX, 79556 priced at $240,000 pairs $1,618/mo rent with after a $1,175/mo payment. Total monthly income equals $1,618/mo. Return on cash invested is 18.57% in year one, and rental yield stands at 8.09% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 96.85% and total cumulative return in cash reaches $77,054. For financing, Ziffy Mortgage’s DSCR program evaluates $1,618/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79556, Sweetwater, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,129 (100%) |
| Owner Occupied HU | 3,203 (52.3%) |
| Renter Occupied HU | 1,771 (28.9%) |
| Vacant Housing Units | 1,155 (18.8%) |
| Median Home Value | $115,486 |
| Average Home Value | $163,313 |
Housing Distribution
Address Breakdown
Residential
5,145
Single Family
4,830
Multi-Family
315
Businesses
639
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Hammit • Morgan Real Estate
Mls Name: Nolan County BOR
Mls ID: #5015
Disclaimer: Copyright Nolan County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.