108 Chapparal CirOlneyTX76374
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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 Olney at 108 Chapparal Cir, Olney, TX, 76374 offers a 8.89% rental yield on a $255,000 purchase with $1,889/mo rent. Total monthly income registers $1,889/mo, and a $1,248/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $853/yr on $84,533 to close, and return on cash invested stands at 20.92% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 109.54% and total cumulative return in cash at $92,600. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,889/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76374, Olney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,000 (100%) |
| Owner Occupied HU | 1,108 (55.4%) |
| Renter Occupied HU | 578 (28.9%) |
| Vacant Housing Units | 314 (15.7%) |
| Median Home Value | $134,295 |
| Average Home Value | $187,631 |
Housing Distribution
Address Breakdown
Residential
1,790
Single Family
1,748
Multi-Family
42
Businesses
171
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