1601 S Willis StAbileneTX79605
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Abilene at 1601 S Willis St, Abilene, TX, 79605 with 5% annual appreciation on a $204,607 basis while $2,255/mo rent supports operations. Total monthly income totals $2,255/mo and a $1,001/mo payment preserves $800/mo for cash returns. Annual cash flow comes to $9,605/yr on $67,827 deployed, and return on cash invested reaches 34.07% in year one. Equity gained on principal adds $1,320/yr, and five-year appreciation sums $56,529 alongside rental yield of 13.23%. Five-year ROI measures 180.04% and total cumulative return in cash totals $122,114.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,255/mo property income versus a $1,001/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79605, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,373 (100%) |
| Owner Occupied HU | 6,864 (51.3%) |
| Renter Occupied HU | 5,252 (39.3%) |
| Vacant Housing Units | 1,257 ( 9.4%) |
| Median Home Value | $179,474 |
| Average Home Value | $238,629 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
11,314
Multi-Family
1,403
Businesses
1,058
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices