1300 Pete DrAledoTX76008
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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 Aledo at 1300 Pete Dr, Aledo, TX, 76008 uses $54,664 cash to close to unlock $12,378/yr annual cash flow and $1,031/mo monthly cash flow. Total monthly income runs $2,204/mo, and a $807/mo payment keeps the spread at $1,031/mo. Purchase price stands at $164,900, and rental yield measures 16.04% with $2,204/mo rent. Return on cash invested shows 42.55% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 225.52% and total cumulative return in cash records $123,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,204/mo property income covering a $807/mo payment rather than investor’s personal income.
Manufactured
Built in 1985
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76008, Aledo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,914 (100%) |
| Owner Occupied HU | 8,685 (87.6%) |
| Renter Occupied HU | 749 ( 7.6%) |
| Vacant Housing Units | 480 ( 4.8%) |
| Median Home Value | $528,969 |
| Average Home Value | $590,314 |
Housing Distribution
Address Breakdown
Residential
9,537
Single Family
9,524
Multi-Family
13
Businesses
763
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Listed by: Melissa Hamaker • Brickman Real Estate LLC
Mls Name: NTREIS
Mls ID: #20794015
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.