16 PR Folk Tale Rd.HarperTX78631
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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 Harper at 16 PR Folk Tale Rd, Harper, TX, 78631 with 5% annual appreciation on a $256,500 basis while $1,836/mo rent supports operations. Total monthly income totals $1,836/mo and a $1,255/mo payment preserves $12/mo for cash returns. Annual cash flow comes to $149/yr on $85,030 deployed, and return on cash invested reaches 20.08% in year one. Equity gained on principal adds $1,655/yr, and five-year appreciation sums $70,866 alongside rental yield of 8.59%. Five-year ROI measures 105.03% and total cumulative return in cash totals $89,303.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,836/mo property income versus a $1,255/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
27.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78631, Harper, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,332 (100%) |
| Owner Occupied HU | 903 (67.8%) |
| Renter Occupied HU | 172 (12.9%) |
| Vacant Housing Units | 257 (19.3%) |
| Median Home Value | $513,281 |
| Average Home Value | $716,938 |
Housing Distribution
Address Breakdown
Residential
1,145
Single Family
1,145
Multi-Family
0
Businesses
80
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