Fm 624George 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
Rental property for sale in George West at Fm 624, George West, TX, 78022 offers $0/mo rent that, after a $5,550/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.97% in year one, and rental yield stands at 0% at a $1,134,000 entry. Equity gained on principal adds $7,318/yr while 5% annual appreciation compounds into $313,303 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $5,550/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Margaret Brown • eXp Realty LLC
Mls Name: South Texas MLS
Mls ID: #462756