1617 Woodard StAbileneTX79605
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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 Abilene at 1617 Woodard St, Abilene, TX, 79605 uses $41,106 cash to close to unlock $15,354/yr annual cash flow and $1,280/mo monthly cash flow. Total monthly income runs $2,237/mo, and a $607/mo payment keeps the spread at $1,280/mo. Purchase price stands at $124,000, and rental yield measures 21.65% with $2,237/mo rent. Return on cash invested shows 57.26% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 305.19% and total cumulative return in cash records $125,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,237/mo property income covering a $607/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,795 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
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Listed by: Stacy Doby • KW SYNERGY*
Mls Name: NTREIS
Mls ID: #20602026
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.