113 Horseshoe BndStephenvilleTX76401
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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 Stephenville at 113 Horseshoe Bnd, Stephenville, TX, 76401 offers $1,312/mo rent that, after a $808/mo payment, leaves $138/mo cash flow. Total monthly income is $1,312/mo, and annual cash flow is $1,659/yr on $54,698 cash. Return on cash invested measures 22.94% in year one, and rental yield stands at 9.54% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 120.4% and total cumulative return in cash reaches $65,855. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,312/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2013
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Housing Distribution
Address Breakdown
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
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Listed by: Brittany Elkins • Ebby Halliday Realtors
Mls Name: NTREIS
Mls ID: #21020036
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.