1024 Fm 279Ben WheelerTX75754
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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
Investment property for sale in Ben Wheeler at 1024 Fm 279, Ben Wheeler, TX, 75754 uses $65,604 cash to close to unlock $1,612/yr annual cash flow and $134/mo monthly cash flow. Total monthly income runs $1,542/mo, and a $969/mo payment keeps the spread at $134/mo. Purchase price stands at $197,900, and rental yield measures 9.35% with $1,542/mo rent. Return on cash invested shows 22.37% in year one, and 5% annual appreciation builds toward $54,676 over five years. Five-year ROI reaches 117.28% and total cumulative return in cash records $76,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,542/mo property income covering a $969/mo payment rather than investor’s personal income.
Manufactured
Built in 1999
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75754, Ben Wheeler, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,290 (100%) |
| Owner Occupied HU | 2,463 (74.9%) |
| Renter Occupied HU | 434 (13.2%) |
| Vacant Housing Units | 393 (11.9%) |
| Median Home Value | $278,189 |
| Average Home Value | $330,568 |
Housing Distribution
Address Breakdown
Residential
2,580
Single Family
2,580
Multi-Family
0
Businesses
186
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Listed by: Summer Edwards • White Rock Realty
Mls Name: NTREIS
Mls ID: #20855907