1650 Fm 788KressTX79052
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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 Kress at 1650 Fm 788, Kress, TX, 79052 generates $1,405/mo in rent, after a $1,591/mo payment. Total monthly income is $1,405/mo. Return on cash invested sits at 9.81% in year one, and rental yield is 5.19% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 49.92% and total cumulative return in cash sums $53,785. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,405/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79052, Kress, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 304 (59.8%) |
| Renter Occupied HU | 118 (23.2%) |
| Vacant Housing Units | 86 (16.9%) |
| Median Home Value | $175,000 |
| Average Home Value | $297,023 |
Housing Distribution
Address Breakdown
Residential
260
Single Family
260
Multi-Family
0
Businesses
18
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