106 S Morse AveStinnettTX79083
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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 Stinnett at 106 S Morse Ave, Stinnett, TX, 79083 priced at $189,900 pairs $960/mo rent with after a $929/mo payment. Total monthly income equals $960/mo. Return on cash invested is 12.48% in year one, and rental yield stands at 6.07% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 64.27% and total cumulative return in cash reaches $40,457. For financing, Ziffy Mortgage’s DSCR program evaluates $960/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79083, Stinnett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 973 (100%) |
| Owner Occupied HU | 643 (66.1%) |
| Renter Occupied HU | 147 (15.1%) |
| Vacant Housing Units | 183 (18.8%) |
| Median Home Value | $93,984 |
| Average Home Value | $121,995 |
Housing Distribution
Address Breakdown
Residential
75
Single Family
75
Multi-Family
0
Businesses
67
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Listed by: Gracey Durham • Real Broker, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-3939
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.