108 Scurlock AveCleburneTX76031
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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 Cleburne at 108 Scurlock Ave, Cleburne, TX, 76031 offers $1,610/mo rent that, after a $942/mo payment, leaves $242/mo cash flow. Total monthly income is $1,610/mo, and annual cash flow is $2,899/yr on $63,771 cash. Return on cash invested measures 24.45% in year one, and rental yield stands at 10.04% at a $192,370 entry. Equity gained on principal adds $1,241/yr while 5% annual appreciation compounds into $53,148 by year five. Five-year ROI records 128.47% and total cumulative return in cash reaches $81,924. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,610/mo property income versus a $942/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Housing Distribution
Address Breakdown
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
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