1506 1/2 S Front StOvertonTX75684
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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 Overton at 1506 1/2 S Front St, Overton, TX, 75684 offers a 9.33% rental yield on a $165,000 purchase with $1,283/mo rent. Total monthly income registers $1,283/mo, and a $808/mo payment leaves $109/mo available for distribution. Annual cash flow reaches $1,311/yr on $54,698 to close, and return on cash invested stands at 22.31% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 116.95% and total cumulative return in cash at $63,971. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,283/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2023
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75684, Overton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,951 (100%) |
| Owner Occupied HU | 1,982 (67.2%) |
| Renter Occupied HU | 578 (19.6%) |
| Vacant Housing Units | 391 (13.2%) |
| Median Home Value | $168,954 |
| Average Home Value | $225,202 |
Housing Distribution
Address Breakdown
Residential
2,616
Single Family
2,616
Multi-Family
0
Businesses
121
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