956 S Highway 304, Bastrop, TX, 78602 | $36/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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956 S Highway 304, Bastrop, TX, 78602 | $36/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bastrop at 956 S Highway 304, Bastrop, TX, 78602 offers a 8.64% rental yield on a $419,900 purchase with $3,022/mo rent. Total monthly income registers $3,022/mo, and a $2,055/mo payment leaves $36/mo available for distribution. Annual cash flow reaches $435/yr on $139,197 to close, and return on cash invested stands at 20.22% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 105.75% and total cumulative return in cash at $147,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,022/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2023

0.61 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning Custom-Built Home on a Spacious 0.60-Acre Lot! Come see this custom home packed with luxurious features, this impressive 5-bedroom home is designed to amaze. Step inside to a modern open floor plan that seamlessly connects the stylish kitchenperfect for entertainingwith a large island, sleek countertops, stainless steel appliances, and a sophisticated color scheme. Eye-catching custom coffered ceilings add elegance, while spacious bedrooms offer comfort. The home boasts beautiful tile flooring, plush carpeting in the bedrooms, and thoughtfully selected finishes throughout, including the bathrooms. In the living room, youll find a sleek modern faux fireplace, adding a contemporary touch. Outside, the long driveway provides easy access to the backyard, offering endless possibilitiespark your RV, trucks, boat, or toys, or even build the workshop of your dreams! Browse the pictures, then come see this incredible home in person!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78602, Bastrop, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	16,506 (100%)
Owner Occupied HU	11,642 (70.5%)
Renter Occupied HU	3,542 (21.5%)
Vacant Housing Units	1,322 ( 8.0%)
Median Home Value	$347,719
Average Home Value	$396,837