1504 W Elm StBreckenridgeTX76424
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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 Breckenridge at 1504 W Elm St, Breckenridge, TX, 76424 priced at $209,900 converts $1,471/mo rent into after a $1,027/mo obligation. Total monthly income equals $1,471/mo. Return on cash invested prints 19.54% in year one, and rental yield reads 8.41% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 102.09% and total cumulative return in cash sums $71,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,471/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76424, Breckenridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,223 (100%) |
| Owner Occupied HU | 2,393 (56.7%) |
| Renter Occupied HU | 852 (20.2%) |
| Vacant Housing Units | 978 (23.2%) |
| Median Home Value | $144,643 |
| Average Home Value | $201,142 |
Housing Distribution
Address Breakdown
Residential
3,263
Single Family
3,076
Multi-Family
187
Businesses
509
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Listed by: Kayce Smalley • COPPERLEAF PROPERTIES
Mls Name: NTREIS
Mls ID: #20687015
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.