124 Mohegan RdAbileneTX79601
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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 Abilene at 124 Mohegan Rd, Abilene, TX, 79601 priced at $625,000 converts $1,775/mo rent into after a $3,059/mo obligation. Total monthly income equals $1,775/mo. Return on cash invested prints 4.48% in year one, and rental yield reads 3.41% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 21.3% and total cumulative return in cash sums $43,801. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,775/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79601, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 4,022 (40.1%) |
| Renter Occupied HU | 4,473 (44.6%) |
| Vacant Housing Units | 1,524 (15.2%) |
| Median Home Value | $209,714 |
| Average Home Value | $215,167 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
7,540
Multi-Family
1,163
Businesses
1,084
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