1002 W 3rd StCliftonTX76634
Nearby investment properties with comparable rents
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 Clifton at 1002 W 3rd St, Clifton, TX, 76634 generates $2,239/mo in rent and, after a $1,341/mo payment, leaves $291/mo in cash flow. Total monthly income is $2,239/mo, and annual cash flow is $3,488/yr on $90,831 invested. Return on cash invested sits at 23.75% in year one, and rental yield is 9.81% on a $274,000 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation builds toward $75,701 over five years. Five-year ROI reaches 124.63% and total cumulative return in cash sums $113,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,239/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76634, Clifton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,811 (100%) |
| Owner Occupied HU | 2,305 (60.5%) |
| Renter Occupied HU | 801 (21.0%) |
| Vacant Housing Units | 705 (18.5%) |
| Median Home Value | $206,472 |
| Average Home Value | $267,239 |
Housing Distribution
Address Breakdown
Residential
3,172
Single Family
3,155
Multi-Family
17
Businesses
325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trudy Sheffield • CARLISLE REAL ESTATE
Mls Name: NTREIS
Mls ID: #20672836
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.