1202 2nd StAbernathyTX79311
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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 Abernathy at 1202 2nd St, Abernathy, TX, 79311 listed at $190,900 pairs $2,035/mo rent with a $934/mo payment to leave $678/mo cash flow. Total monthly income runs $2,035/mo, and annual cash flow reaches $8,134/yr on $63,283 cash to close. Return on cash invested measures 32.76% in year one, and rental yield registers 12.79% at a $190,900 basis. Equity gained on principal adds $1,232/yr, and annual property appreciation at 5% supports $52,742 by year five. Five-year ROI tracks 172.97% and total cumulative return in cash totals $109,459. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,035/mo property income relative to a $934/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79311, Abernathy, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,451 (100%) |
| Owner Occupied HU | 992 (68.4%) |
| Renter Occupied HU | 291 (20.1%) |
| Vacant Housing Units | 168 (11.6%) |
| Median Home Value | $184,596 |
| Average Home Value | $204,052 |
Housing Distribution
Address Breakdown
Residential
1,169
Single Family
1,121
Multi-Family
48
Businesses
108
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