1249 S Bowie DrAbileneTX79605
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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 1249 S Bowie Dr, Abilene, TX, 79605 generates $983/mo in rent and, after a $627/mo payment, leaves $73/mo in cash flow. Total monthly income is $983/mo, and annual cash flow is $879/yr on $42,432 invested. Return on cash invested sits at 21.98% in year one, and rental yield is 9.22% on a $128,000 entry. Equity gained on principal adds $826/yr, while 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 115.24% and total cumulative return in cash sums $48,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $983/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
7,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79605, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,373 (100%) |
| Owner Occupied HU | 6,864 (51.3%) |
| Renter Occupied HU | 5,252 (39.3%) |
| Vacant Housing Units | 1,257 ( 9.4%) |
| Median Home Value | $179,474 |
| Average Home Value | $238,629 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
11,314
Multi-Family
1,403
Businesses
1,058
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