179 E Finland St, Walnut Springs, TX, 76690 | $173/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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179 E Finland St, Walnut Springs, TX, 76690 | $173/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Walnut Springs at 179 E Finland St, Walnut Springs, TX, 76690 priced at $178,000 pairs $1,439/mo rent with $173/mo cash flow after a $871/mo payment. Total monthly income equals $1,439/mo, and annual cash flow comes to $2,081/yr on $59,007 invested. Return on cash invested is 23.44% in year one, and rental yield stands at 9.7% on a $178,000 basis. Equity gained on principal adds $1,149/yr, and 5% annual appreciation accumulates to $49,178 by year five. Five-year ROI measures 122.98% and total cumulative return in cash reaches $72,565. For financing, Ziffy Mortgage’s DSCR program evaluates $1,439/mo property income against a $871/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1945

10,240 sqft lot

$N/A/sqft

No HOA

More details about the property

Come join our growing rural community, and enjoy the feel of upscale country. We have some fine restaurants, live music venue, and most amazing mercantile I have ever seen. Pat Green and Ted Nugent both played here this year. Restaurateurs Felipe Armenita and John Clay Wolfe have Bosque Cantina, we are home to the GMTV showroom, annual motorcycle rally, Rattlesnake Roundup, and unreal car shows. Now, about the house; This charming home with modern upgrades is located at the top of the Hill Country and only an hour drive to downtown Fort Worth. It sits on a corner lot with a breezy front porch and has been landscaped with perennials. When the wisteria blooms it is just beautiful. It has a completely new bathroom remodel and new kitchen upgrades. It now has the modern paddle switches and square plugs throughout the house. Beautiful original pine cabinets The living/dining area is open concept with lots of natural lighting. All incoming water lines in the house have been replaced with PEX pipe. This home boasts a cozy, yet spacious feel ! Whether you are a car enthusiast, foodie, looking for a Church family, enjoy live music , or want to just sit on your breezy front porch, this area is waiting for you !! Skip the realtor & broker fees and make your money count, when you buy this FOR SALE BY OWNER home. If you are interested we can walk thru the next steps. Possible Owner Finance with 30% down NOTE: The Zestimate on here is unusually low because this house was listed years ago by a previous owner and I have yet to be able to get it to update.

Neighborhood Data

Neighborhood data shown for ZIP Code: 76690, Walnut Springs, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	720 (100%)
Owner Occupied HU	451 (62.6%)
Renter Occupied HU	116 (16.1%)
Vacant Housing Units	153 (21.2%)
Median Home Value	$237,121
Average Home Value	$330,477