127 Old Home Pl, Axtell, TX, 76624 | 5.27% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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127 Old Home Pl, Axtell, TX, 76624 | 5.27% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Axtell at 127 Old Home Pl, Axtell, TX, 76624 priced at $369,900 pairs $1,626/mo rent with after a $1,810/mo payment. Total monthly income equals $1,626/mo. Return on cash invested is 10.08% in year one, and rental yield stands at 5.27% on a $369,900 basis. Equity gained on principal adds $2,387/yr, and 5% annual appreciation accumulates to $102,197 by year five. Five-year ROI measures 51.4% and total cumulative return in cash reaches $63,034. For financing, Ziffy Mortgage’s DSCR program evaluates $1,626/mo property income against a $1,810/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1950

9.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Check out this excellent opportunity to own 9.75 acres in the desirable Axtell, TX!! Countless opportunities await you here; whether you want to build your dream home, fix up the current homes, or look into other investment opportunities. This property consists of an old farm home that is a 3 bed and 1 bath home. There are also two mobile homes: the front yellow home is a 2 bed 2 bath home and the back mobile home is a 2 bed 1 bath home. These homes are fixer uppers that will need your tender, loving, care if they were to stay. The front 4 to 5 acres are wooded with several cleared paths to get through the property. The back 4 to 5 acres open up into a pasture where the sunsets never get old. The property consists of a large tank or pond for your enjoyment and entertainment. The property currently has 3 water meters and 4 electrical poles. The yellow mobile home is on a month to month lease. Approximately 13 miles from downtown Waco and all that the city offers. RV cover to not convey, but can be negotiated.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76624, Axtell, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,098 (100%)
Owner Occupied HU	881 (80.2%)
Renter Occupied HU	148 (13.5%)
Vacant Housing Units	69 ( 6.3%)
Median Home Value	$256,389
Average Home Value	$266,623