1508 Avenue ORallsTX79357
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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 Ralls at 1508 Avenue O, Ralls, TX, 79357 offers $1,080/mo rent that, after a $808/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 17.85% in year one, and rental yield stands at 7.85% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 93.09% and total cumulative return in cash reaches $50,915. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79357, Ralls, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 903 (100%) |
| Owner Occupied HU | 529 (58.6%) |
| Renter Occupied HU | 200 (22.1%) |
| Vacant Housing Units | 174 (19.3%) |
| Median Home Value | $83,125 |
| Average Home Value | $144,239 |
Housing Distribution
Address Breakdown
Residential
421
Single Family
421
Multi-Family
0
Businesses
65
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Listed by: Susie D. Ysasaga • Reside Real Estate Co.
Mls Name: LBMLS
Mls Provider:
Mls ID: #202411463
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.