COUNTY ROAD 221SchulenburgTX78956
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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 Schulenburg at COUNTY ROAD 221, Schulenburg, TX, 78956 priced at $389,000 converts $1,864/mo rent into after a $1,904/mo obligation. Total monthly income equals $1,864/mo. Return on cash invested prints 11.51% in year one, and rental yield reads 5.75% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 59.03% and total cumulative return in cash sums $76,122. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,864/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in N/A
22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78956, Schulenburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,022 (100%) |
| Owner Occupied HU | 1,816 (60.1%) |
| Renter Occupied HU | 564 (18.7%) |
| Vacant Housing Units | 642 (21.2%) |
| Median Home Value | $277,222 |
| Average Home Value | $383,063 |
Housing Distribution
Address Breakdown
Residential
2,402
Single Family
2,343
Multi-Family
59
Businesses
293
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Listed by: James Bigley • Iron Creek Realty
Mls Name: LERA MLS
Mls ID: #1921890