1257 Pecan StAbileneTX79602
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1257 Pecan St, Abilene, TX, 79602 offers $2,209/mo rent that, after a $636/mo payment, leaves $1,285/mo cash flow. Total monthly income is $2,209/mo, and annual cash flow is $15,418/yr on $43,095 cash. Return on cash invested measures 55.69% in year one, and rental yield stands at 20.39% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 295.89% and total cumulative return in cash reaches $127,515. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,209/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Apartment
Built in 1925
7,361 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jonathan Jones • KW SYNERGY*
Mls Name: NTREIS
Mls ID: #20681540
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.