1101 W Bloodworth StOlneyTX76374
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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 1101 W Bloodworth St, Olney, TX, 76374 listed at $269,500 pairs $2,117/mo rent with a $1,319/mo payment to leave $201/mo cash flow. Total monthly income runs $2,117/mo, and annual cash flow reaches $2,407/yr on $89,339 cash to close. Return on cash invested measures 22.6% in year one, and rental yield registers 9.43% at a $269,500 basis. Equity gained on principal adds $1,739/yr, and annual property appreciation at 5% supports $74,458 by year five. Five-year ROI tracks 118.51% and total cumulative return in cash totals $105,876. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,117/mo property income relative to a $1,319/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.37 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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