108 Oakdale StPerrinTX76486
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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 Perrin at 108 Oakdale St, Perrin, TX, 76486 priced at $116,510 converts $1,648/mo rent into $820/mo cash flow after a $570/mo obligation. Total monthly income equals $1,648/mo, and annual cash flow totals $9,837/yr on $38,623 invested. Return on cash invested prints 45.38% in year one, and rental yield reads 16.97% against a $116,510 entry. Equity gained on principal adds $752/yr, while 5% annual appreciation compiles into $32,190 by year five. Five-year ROI reaches 240.64% and total cumulative return in cash sums $92,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,648/mo property income covering a $570/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76486, Perrin, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 727 (100%) |
| Owner Occupied HU | 471 (64.8%) |
| Renter Occupied HU | 94 (12.9%) |
| Vacant Housing Units | 162 (22.3%) |
| Median Home Value | $241,204 |
| Average Home Value | $330,977 |
Housing Distribution
Address Breakdown
Residential
455
Single Family
455
Multi-Family
0
Businesses
47
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