1242 Tulane DrAbileneTX79602
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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 Abilene at 1242 Tulane Dr, Abilene, TX, 79602 earns $473/mo cash flow from $2,281/mo rent with a $1,224/mo payment. Total monthly income totals $2,281/mo, and annual cash flow totals $5,672/yr on $82,875 capital. ROI tracks 26.75% on current figures, and rental yield reads 10.95% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 140.91% and total cumulative return in cash sums $116,782. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,281/mo property income instead of your personal income.
Single Family
Built in 2005
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79602, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,088 (100%) |
| Owner Occupied HU | 7,418 (66.9%) |
| Renter Occupied HU | 2,672 (24.1%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $242,095 |
| Average Home Value | $274,020 |
Housing Distribution
Address Breakdown
Residential
10,756
Single Family
10,207
Multi-Family
549
Businesses
1,078
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Listed by: Christine McDonald • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20965279
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.