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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 College Station at 1198 Jones Butler Rd APT 2807, College Station, TX, 77840 generates $2,802/mo in rent and, after a $1,615/mo payment, leaves $368/mo in cash flow. Total monthly income is $2,802/mo, and annual cash flow is $4,417/yr on $109,395 invested. Return on cash invested sits at 23.95% in year one, and rental yield is 10.19% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 126.09% and total cumulative return in cash sums $137,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,802/mo property income rather than buyer’s personal income.
Apartment
Built in 2015
605 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 77840, College Station, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,002 (100%) |
| Owner Occupied HU | 2,203 ( 8.2%) |
| Renter Occupied HU | 20,140 (74.6%) |
| Vacant Housing Units | 4,659 (17.3%) |
| Median Home Value | $310,088 |
| Average Home Value | $383,790 |
Housing Distribution
Address Breakdown
Residential
16,688
Single Family
8,386
Multi-Family
8,302
Businesses
1,194
Price History
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listing removed | $336,000 |
| 2025-05-10 | Pending sale | $336,000 |
| 2025-05-10 | Listed for sale | $336,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $6526.93 | 19.06% | $342,498 | 17.76% |
| 2023-06-25 | $5482.22 | 12.74% | $290,836 | 27.52% |
| 2022-06-25 | $4862.68 | 2.78% | $228,067 | 8.14% |
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Facts & Features
General Information
- Type: Apartment
- Year Built: 2015
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 1,800 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Forced air
- Cooling: Other
- Flooring: Hardwood
- Interior Features: N/A
- Exterior Features: Brick
- Parking Features: Garage - Detached, Off-street
Location
- City: College Station
- Subdivision: N/A
- Lot Size: 605 Acres
- Lot Features: N/A
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: N/A
- Water Source: N/A
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: N/A • N/A
Mls Name:
Mls ID: #N/A