0 Fm 656TurkeyTX79261
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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 Turkey at 0 Fm 656, Turkey, TX, 79261 priced at $570,817 converts $2,464/mo rent into after a $2,794/mo obligation. Total monthly income equals $2,464/mo. Return on cash invested prints 9.87% in year one, and rental yield reads 5.18% against a $570,817 entry. Equity gained on principal adds $3,683/yr, while 5% annual appreciation compiles into $157,706 by year five. Five-year ROI reaches 50.17% and total cumulative return in cash sums $94,217. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,464/mo property income covering a $2,794/mo payment, not borrower’s personal income.
Single Family
Built in N/A
300 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79261, Turkey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 299 (100%) |
| Owner Occupied HU | 146 (48.8%) |
| Renter Occupied HU | 25 ( 8.4%) |
| Vacant Housing Units | 128 (42.8%) |
| Median Home Value | $91,818 |
| Average Home Value | $108,990 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
31
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Listed by: Cayson George • Western Heritage Realty & Investments
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5668
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