138 Abbott StCovingtonTX76636
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 Covington at 138 Abbott St, Covington, TX, 76636 generates $1,546/mo in rent, after a $1,786/mo payment. Total monthly income is $1,546/mo. Return on cash invested sits at 9.5% in year one, and rental yield is 5.08% on a $364,900 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,815 over five years. Five-year ROI reaches 48.28% and total cumulative return in cash sums $58,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,546/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76636, Covington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 709 (100%) |
| Owner Occupied HU | 526 (74.2%) |
| Renter Occupied HU | 89 (12.6%) |
| Vacant Housing Units | 94 (13.3%) |
| Median Home Value | $264,130 |
| Average Home Value | $354,254 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
538
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices