1006 Fairlane DrGanadoTX77962
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 Ganado at 1006 Fairlane Dr, Ganado, TX, 77962 offers a 9.95% rental yield on a $248,000 purchase with $2,057/mo rent. Total monthly income registers $2,057/mo, and a $1,214/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,519/yr on $82,212 to close, and return on cash invested stands at 24.19% in year one. Equity gained on principal adds $1,600/yr while 5% annual appreciation supports $68,518 over five years. Portfolio math shows five-year ROI at 127.05% and total cumulative return in cash at $104,454. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,057/mo property income against a $1,214/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77962, Ganado, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,378 (100%) |
| Owner Occupied HU | 924 (67.1%) |
| Renter Occupied HU | 282 (20.5%) |
| Vacant Housing Units | 172 (12.5%) |
| Median Home Value | $253,763 |
| Average Home Value | $307,827 |
Housing Distribution
Address Breakdown
Residential
637
Single Family
637
Multi-Family
0
Businesses
109
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Listed by: Amanda Bures • JLA Realty
Mls Name: HAR
Mls Provider:
Mls ID: #43060786
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