135 Palomino CtStephenvilleTX76401
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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 Stephenville at 135 Palomino Ct, Stephenville, TX, 76401 priced at $235,000 pairs $1,661/mo rent with after a $1,150/mo payment. Total monthly income equals $1,661/mo. Return on cash invested is 19.76% in year one, and rental yield stands at 8.48% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 103.29% and total cumulative return in cash reaches $80,464. For financing, Ziffy Mortgage’s DSCR program evaluates $1,661/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2019
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Housing Distribution
Address Breakdown
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
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Listed by: Caitlin Robison • Golden Legacy Realty
Mls Name: NTREIS
Mls ID: #20894920
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.