116 S Houston StWolfe CityTX75496
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,567/mo, and a $1,126/mo payment. Purchase price stands at $230,000, and rental yield measures 8.18% with $1,567/mo rent. Return on cash invested shows 18.83% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 98.3% and total cumulative return in cash records $74,947. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,567/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1945
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75496, Wolfe City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,101 (69.2%) |
| Renter Occupied HU | 332 (20.9%) |
| Vacant Housing Units | 158 ( 9.9%) |
| Median Home Value | $280,500 |
| Average Home Value | $457,754 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deann Hicks • Sudderth Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #20534763
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.