000 Black Jack RoadFredoniaTX76842
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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 Fredonia at 000 Black Jack Road, Fredonia, TX, 76842 earns from $1,501/mo rent with a $6,916/mo payment. Total monthly income totals $1,501/mo. ROI tracks -2.03% on current figures, and rental yield reads 1.27% at a $1,413,000 purchase. Equity gained on principal adds $9,118/yr, and 5% annual appreciation supports $390,386 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,501/mo property income instead of your personal income.
Single Family
Built in N/A
180 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76842, Fredonia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 41 (100%) |
| Owner Occupied HU | 30 (73.2%) |
| Renter Occupied HU | 4 ( 9.8%) |
| Vacant Housing Units | 7 (17.1%) |
| Median Home Value | $420,000 |
| Average Home Value | $589,583 |
Housing Distribution
Address Breakdown
Residential
79
Single Family
79
Multi-Family
0
Businesses
0
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