113 morganDaleTX78616
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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 Dale at 113 morgan, Dale, TX, 78616 priced at $510,000 pairs $3,419/mo rent with after a $2,496/mo payment. Total monthly income equals $3,419/mo. Return on cash invested is 18.58% in year one, and rental yield stands at 8.04% on a $510,000 basis. Equity gained on principal adds $3,291/yr, and 5% annual appreciation accumulates to $140,904 by year five. Five-year ROI measures 96.89% and total cumulative return in cash reaches $162,579. For financing, Ziffy Mortgage’s DSCR program evaluates $3,419/mo property income against a $2,496/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
7.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78616, Dale, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,481 (100%) |
| Owner Occupied HU | 3,519 (78.5%) |
| Renter Occupied HU | 664 (14.8%) |
| Vacant Housing Units | 298 ( 6.7%) |
| Median Home Value | $268,788 |
| Average Home Value | $318,731 |
Housing Distribution
Address Breakdown
Residential
3,943
Single Family
3,943
Multi-Family
0
Businesses
65
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