TRACT One #&-2ForestburgTX76239
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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 Forestburg at TRACT One #&-2, Forestburg, TX, 76239 offers a 9.29% rental yield on a $306,000 purchase with $2,368/mo rent. Total monthly income registers $2,368/mo, and a $1,498/mo payment leaves $192/mo available for distribution. Annual cash flow reaches $2,300/yr on $101,439 to close, and return on cash invested stands at 22.18% in year one. Equity gained on principal adds $1,975/yr while 5% annual appreciation supports $84,542 over five years. Portfolio math shows five-year ROI at 116.22% and total cumulative return in cash at $117,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,368/mo property income against a $1,498/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
20.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76239, Forestburg, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 314 (67.2%) |
| Renter Occupied HU | 65 (13.9%) |
| Vacant Housing Units | 88 (18.8%) |
| Median Home Value | $297,500 |
| Average Home Value | $376,648 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
28
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Listed by: DANNY HODGES • RE/MAX FIRST REALTY
Mls Name: NTREIS
Mls ID: #20499434
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.