1482 Fm 667PurdonTX76679
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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 Purdon at 1482 Fm 667, Purdon, TX, 76679 generates $2,904/mo in rent, after a $3,353/mo payment. Total monthly income is $2,904/mo. Return on cash invested sits at 9.58% in year one, and rental yield is 5.09% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 48.67% and total cumulative return in cash sums $109,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,904/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
10.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76679, Purdon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 503 (65.4%) |
| Renter Occupied HU | 147 (19.1%) |
| Vacant Housing Units | 119 (15.5%) |
| Median Home Value | $212,234 |
| Average Home Value | $286,610 |
Housing Distribution
Address Breakdown
Residential
638
Single Family
638
Multi-Family
0
Businesses
21
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