16541 Fm 2208HarletonTX75651
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 Harleton at 16541 Fm 2208, Harleton, TX, 75651 uses $120,998 cash to close to unlock $923/yr annual cash flow and $77/mo monthly cash flow. Total monthly income runs $2,672/mo, and a $1,786/mo payment keeps the spread at $77/mo. Purchase price stands at $365,000, and rental yield measures 8.78% with $2,672/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 108.13% and total cumulative return in cash records $130,831. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,672/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75651, Harleton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 744 (74.7%) |
| Renter Occupied HU | 128 (12.9%) |
| Vacant Housing Units | 124 (12.4%) |
| Median Home Value | $249,038 |
| Average Home Value | $222,335 |
Housing Distribution
Address Breakdown
Residential
784
Single Family
784
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices