LOT 1A Mesquite StJohnson CityTX78636
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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
Investment property for sale in Johnson City at LOT 1A Mesquite St, Johnson City, TX, 78636 offers a 9.63% rental yield on a $183,000 purchase with $1,469/mo rent. Total monthly income registers $1,469/mo, and a $896/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,008/yr on $60,665 to close, and return on cash invested stands at 23.22% in year one. Equity gained on principal adds $1,181/yr while 5% annual appreciation supports $50,560 over five years. Portfolio math shows five-year ROI at 121.87% and total cumulative return in cash at $73,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,469/mo property income against a $896/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78636, Johnson City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,146 (100%) |
| Owner Occupied HU | 1,253 (58.4%) |
| Renter Occupied HU | 418 (19.5%) |
| Vacant Housing Units | 475 (22.1%) |
| Median Home Value | $501,150 |
| Average Home Value | $651,030 |
Housing Distribution
Address Breakdown
Residential
1,453
Single Family
1,453
Multi-Family
0
Businesses
249
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Listed by: Carlette Lewis • Town Creek Properties
Mls Name: CHCBOR
Mls Provider:
Mls ID: #97243
Disclaimer: Copyright Central Hill Country Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.