1309 5th AveBallingerTX76821
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 Ballinger at 1309 5th Ave, Ballinger, TX, 76821 generates $630/mo in rent, after a $732/mo payment. Total monthly income is $630/mo. Return on cash invested sits at 9.42% in year one, and rental yield is 5.06% on a $149,500 entry. Equity gained on principal adds $965/yr, while 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 47.81% and total cumulative return in cash sums $23,693. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $630/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76821, Ballinger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,384 (60.6%) |
| Renter Occupied HU | 427 (18.7%) |
| Vacant Housing Units | 472 (20.7%) |
| Median Home Value | $115,526 |
| Average Home Value | $148,624 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,921
Multi-Family
22
Businesses
283
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices