1457 S 18th StAbileneTX79602
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
Investment property for sale in Abilene at 1457 S 18th St, Abilene, TX, 79602 uses $59,667 cash to close to unlock $5,148/yr annual cash flow and $429/mo monthly cash flow. Total monthly income runs $1,709/mo, and a $881/mo payment keeps the spread at $429/mo. Purchase price stands at $179,990, and rental yield measures 11.39% with $1,709/mo rent. Return on cash invested shows 28.54% in year one, and 5% annual appreciation builds toward $49,728 over five years. Five-year ROI reaches 150.42% and total cumulative return in cash records $89,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,709/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,319 sqft lot
$N/A/sqft
No 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