911 Mike StGeorge WestTX78022
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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 George West at 911 Mike St, George West, TX, 78022 earns $159/mo cash flow from $1,190/mo rent with a $710/mo payment. Total monthly income totals $1,190/mo, and annual cash flow totals $1,903/yr on $48,068 capital. ROI tracks 23.87% on current figures, and rental yield reads 9.85% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 125.34% and total cumulative return in cash sums $60,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,190/mo property income instead of your personal income.
Single Family
Built in 1900
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78022, George West, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,131 (100%) |
| Owner Occupied HU | 1,302 (61.1%) |
| Renter Occupied HU | 317 (14.9%) |
| Vacant Housing Units | 512 (24.0%) |
| Median Home Value | $234,783 |
| Average Home Value | $247,475 |
Housing Distribution
Address Breakdown
Residential
1,257
Single Family
1,257
Multi-Family
0
Businesses
247
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Listed by: Margaret Brown • eXp Realty LLC
Mls Name: South Texas MLS
Mls ID: #464870