1341 S 11th StAbileneTX79602
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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
Rental property for sale in Abilene at 1341 S 11th St, Abilene, TX, 79602 generates $1,264/mo in rent and, after a $625/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,264/mo, and annual cash flow is $2,601/yr on $42,333 invested. Return on cash invested sits at 26.05% in year one, and rental yield is 11.88% on a $127,700 entry. Equity gained on principal adds $824/yr, while 5% annual appreciation builds toward $35,281 over five years. Five-year ROI reaches 138.42% and total cumulative return in cash sums $58,597. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,264/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
7,013 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
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