1003 Frances StBurkburnettTX76354
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
Investment property for sale in Burkburnett at 1003 Frances St, Burkburnett, TX, 76354 offers a 9.43% rental yield on a $159,900 purchase with $1,257/mo rent. Total monthly income registers $1,257/mo, and a $783/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,435/yr on $53,007 to close, and return on cash invested stands at 22.62% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,177 over five years. Portfolio math shows five-year ROI at 118.62% and total cumulative return in cash at $62,874. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,257/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76354, Burkburnett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,095 (62.6%) |
| Renter Occupied HU | 1,444 (29.2%) |
| Vacant Housing Units | 404 ( 8.2%) |
| Median Home Value | $210,141 |
| Average Home Value | $238,553 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,554
Multi-Family
229
Businesses
297
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Listed by: Sandie Hadsell • Hirschi Realtors
Mls Name: WFAR
Mls Provider:
Mls ID: #176156
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