1010 Lookout PointStephenvilleTX76401
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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
Rental property for sale in Stephenville at 1010 Lookout Point, Stephenville, TX, 76401 priced at $490,000 converts $3,716/mo rent into $93/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,716/mo, and annual cash flow totals $1,118/yr on $162,435 invested. Return on cash invested prints 20.6% in year one, and rental yield reads 9.1% against a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 108.13% and total cumulative return in cash sums $175,644. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,716/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 2007
5.01 Acres lot
$N/A/sqft
$416 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Housing Distribution
Address Breakdown
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
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Listed by: Trigg Moore • MOORE HOME AND RANCH, LLC
Mls Name: NTREIS
Mls ID: #20591618
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.