1309 N Ross DrBairdTX79504
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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 Baird at 1309 N Ross Dr, Baird, TX, 79504 uses $43,095 cash to close to unlock $646/yr annual cash flow and $54/mo monthly cash flow. Total monthly income runs $978/mo, and a $636/mo payment keeps the spread at $54/mo. Purchase price stands at $130,000, and rental yield measures 9.03% with $978/mo rent. Return on cash invested shows 21.41% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 112.08% and total cumulative return in cash records $48,303. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $978/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1950
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79504, Baird, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,437 (100%) |
| Owner Occupied HU | 952 (66.2%) |
| Renter Occupied HU | 270 (18.8%) |
| Vacant Housing Units | 215 (15.0%) |
| Median Home Value | $144,792 |
| Average Home Value | $188,960 |
Housing Distribution
Address Breakdown
Residential
1,233
Single Family
1,210
Multi-Family
23
Businesses
128
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