1408-1406 Houston StWellingtonTX79095
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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 Wellington at 1408-1406 Houston St, Wellington, TX, 79095 uses $52,709 cash to close to unlock $1,711/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $1,273/mo, and a $778/mo payment keeps the spread at $143/mo. Purchase price stands at $159,000, and rental yield measures 9.61% with $1,273/mo rent. Return on cash invested shows 23.15% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 121.51% and total cumulative return in cash records $64,044. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,273/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79095, Wellington, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 730 (57.7%) |
| Renter Occupied HU | 217 (17.1%) |
| Vacant Housing Units | 319 (25.2%) |
| Median Home Value | $117,262 |
| Average Home Value | $172,979 |
Housing Distribution
Address Breakdown
Residential
999
Single Family
984
Multi-Family
15
Businesses
143
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Listed by: Beverly Odom • Chad Holland Real Estate
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-7313
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.