124 Alfa DrWhitneyTX76692
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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 Whitney at 124 Alfa Dr, Whitney, TX, 76692 uses $41,438 cash to close to unlock $1,631/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,025/mo, and a $612/mo payment keeps the spread at $136/mo. Purchase price stands at $125,000, and rental yield measures 9.84% with $1,025/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 125.14% and total cumulative return in cash records $51,857. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,025/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 2001
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76692, Whitney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,896 (100%) |
| Owner Occupied HU | 3,761 (63.8%) |
| Renter Occupied HU | 1,075 (18.2%) |
| Vacant Housing Units | 1,060 (18.0%) |
| Median Home Value | $208,810 |
| Average Home Value | $235,824 |
Housing Distribution
Address Breakdown
Residential
5,135
Single Family
5,079
Multi-Family
56
Businesses
377
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Listed by: Caren Sanders • Riverplace Realty
Mls Name: NTREIS
Mls ID: #20868516
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.