1402 Avenue ORallsTX79357
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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 Ralls at 1402 Avenue O, Ralls, TX, 79357 priced at $164,500 converts $2,789/mo rent into $1,582/mo cash flow after a $805/mo obligation. Total monthly income equals $2,789/mo, and annual cash flow totals $18,990/yr on $54,532 invested. Return on cash invested prints 54.73% in year one, and rental yield reads 20.35% against a $164,500 entry. Equity gained on principal adds $1,061/yr, while 5% annual appreciation compiles into $45,448 by year five. Five-year ROI reaches 291.13% and total cumulative return in cash sums $158,758. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,789/mo property income covering a $805/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79357, Ralls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 903 (100%) |
| Owner Occupied HU | 529 (58.6%) |
| Renter Occupied HU | 200 (22.1%) |
| Vacant Housing Units | 174 (19.3%) |
| Median Home Value | $83,125 |
| Average Home Value | $144,239 |
Housing Distribution
Address Breakdown
Residential
421
Single Family
421
Multi-Family
0
Businesses
65
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Listed by: Jim Archer • Steadfast Realty, LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202409074
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.