109 W Ward StOvertonTX75684
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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 Overton at 109 W Ward St, Overton, TX, 75684 priced at $149,900 converts $1,232/mo rent into $166/mo cash flow after a $734/mo obligation. Total monthly income equals $1,232/mo, and annual cash flow totals $1,989/yr on $49,692 invested. Return on cash invested prints 23.91% in year one, and rental yield reads 9.86% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 125.55% and total cumulative return in cash sums $62,387. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,232/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1930
649.92 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75684, Overton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,951 (100%) |
| Owner Occupied HU | 1,982 (67.2%) |
| Renter Occupied HU | 578 (19.6%) |
| Vacant Housing Units | 391 (13.2%) |
| Median Home Value | $168,954 |
| Average Home Value | $225,202 |
Housing Distribution
Address Breakdown
Residential
2,616
Single Family
2,616
Multi-Family
0
Businesses
121
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