Farm Road 2120BagwellTX75412
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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 Bagwell at Farm Road 2120, Bagwell, TX, 75412 priced at $241,204 converts $2,051/mo rent into $335/mo cash flow after a $1,181/mo obligation. Total monthly income equals $2,051/mo, and annual cash flow totals $4,024/yr on $79,959 invested. Return on cash invested prints 24.94% in year one, and rental yield reads 10.2% against a $241,204 entry. Equity gained on principal adds $1,556/yr, while 5% annual appreciation compiles into $66,640 by year five. Five-year ROI reaches 131.09% and total cumulative return in cash sums $104,816. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,051/mo property income covering a $1,181/mo payment, not borrower’s personal income.
Lot
Built in N/A
35.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75412, Bagwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 294 (100%) |
| Owner Occupied HU | 198 (67.3%) |
| Renter Occupied HU | 36 (12.2%) |
| Vacant Housing Units | 60 (20.4%) |
| Median Home Value | $189,474 |
| Average Home Value | $256,780 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
5
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Listed by: Bryan Glass • Glass Land and Home LLC
Mls Name: NTREIS
Mls ID: #20497989
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.