Fm 83 LOT 11BroaddusTX75929
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Nearby investment properties with comparable prices
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 Broaddus at Fm 83 LOT 11, Broaddus, TX, 75929 offers $1,163/mo rent that, after a $489/mo payment, leaves $452/mo cash flow. Total monthly income is $1,163/mo, and annual cash flow is $5,428/yr on $33,150 cash. Return on cash invested measures 36.28% in year one, and rental yield stands at 13.96% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 191.98% and total cumulative return in cash reaches $63,640. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,163/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75929, Broaddus, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 605 (48.7%) |
| Renter Occupied HU | 66 ( 5.3%) |
| Vacant Housing Units | 571 (46.0%) |
| Median Home Value | $144,886 |
| Average Home Value | $291,347 |
Housing Distribution
Address Breakdown
Residential
872
Single Family
872
Multi-Family
0
Businesses
44
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Listed by: Tonya Brunette • River Realty
Mls Name: LAR
Mls Provider:
Mls ID: #4209552
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.