1909 Wood StVernonTX76384
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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 Vernon at 1909 Wood St, Vernon, TX, 76384 at $129,000 posts ROI 29.65% with $347/mo cash flow from $1,264/mo rent. Total monthly income equals $1,264/mo, and annual cash flow records $4,165/yr on $42,764 to close. Return on cash invested measures 29.65% and rental yield reads 11.76% at the current $129,000. Equity gained on principal adds $832/yr, and 5% annual appreciation supports $35,640 by year five. Five-year ROI prints 156.36% and total cumulative return in cash totals $66,865.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,264/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1913
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76384, Vernon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,583 (100%) |
| Owner Occupied HU | 3,069 (55.0%) |
| Renter Occupied HU | 1,748 (31.3%) |
| Vacant Housing Units | 766 (13.7%) |
| Median Home Value | $96,250 |
| Average Home Value | $135,496 |
Housing Distribution
Address Breakdown
Residential
5,329
Single Family
5,009
Multi-Family
320
Businesses
440
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