1018 S Bassett StEastlandTX76448
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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 Eastland at 1018 S Bassett St, Eastland, TX, 76448 generates $4,286/mo in rent and, after a $2,472/mo payment, leaves $695/mo in cash flow. Total monthly income is $4,286/mo, and annual cash flow is $8,335/yr on $166,145 invested. Return on cash invested sits at 25.08% in year one, and rental yield is 10.18% on a $505,000 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation builds toward $139,522 over five years. Five-year ROI reaches 131.74% and total cumulative return in cash sums $218,886. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,286/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Housing Distribution
Address Breakdown
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
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Listed by: Katherine Yates • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20670238
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.