1026 S Bowie DrAbileneTX79605
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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 Abilene at 1026 S Bowie Dr, Abilene, TX, 79605 priced at $109,900 converts $820/mo rent into after a $538/mo obligation. Total monthly income equals $820/mo. Return on cash invested prints 17.04% in year one, and rental yield reads 8.95% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 90.33% and total cumulative return in cash sums $32,908. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $820/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1953
6,926 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79605, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,373 (100%) |
| Owner Occupied HU | 6,864 (51.3%) |
| Renter Occupied HU | 5,252 (39.3%) |
| Vacant Housing Units | 1,257 ( 9.4%) |
| Median Home Value | $179,474 |
| Average Home Value | $238,629 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
11,314
Multi-Family
1,403
Businesses
1,058
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Listed by: Tony Panian • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20540777
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.