1419 Saddle Lakes DrAbileneTX79602
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1419 Saddle Lakes Dr, Abilene, TX, 79602 in Abilene deserves attention. This $430,000 property earns $3,954/mo in rent, a 11.03% gross yield, and nets $832/mo after the $1,934/mo payment. DSCR 2.04 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $118,801 compounds alongside $3,960/yr in yearly equity build, for a total cumulative return of $218,577.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $832 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,954 |
| Total Monthly Debt Service | $2,951 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
0.48 Acres lot
$N/A/sqft
$300 annually 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
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
Single Family
Built in 1999
0.48 Acres lot
$N/A/sqft
$300 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abby Walla • Sendero Properties, LLC
Mls Name: NTREIS
Mls ID: #20880172
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.