153 E 362ndFairfieldTX75840
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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 Fairfield at 153 E 362nd, Fairfield, TX, 75840 uses $41,438 cash to close to unlock $3,731/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,200/mo, and a $612/mo payment keeps the spread at $311/mo. Purchase price stands at $125,000, and rental yield measures 11.52% with $1,200/mo rent. Return on cash invested shows 28.91% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 152.31% and total cumulative return in cash records $63,113. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75840, Fairfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,213 (63.5%) |
| Renter Occupied HU | 699 (20.1%) |
| Vacant Housing Units | 573 (16.4%) |
| Median Home Value | $217,467 |
| Average Home Value | $271,304 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,774
Multi-Family
140
Businesses
453
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