1957 Ballinger 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 1957 Ballinger St, Abilene, TX, 79605 uses $48,068 cash to close to unlock $3,283/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,305/mo, and a $710/mo payment keeps the spread at $274/mo. Purchase price stands at $145,000, and rental yield measures 10.8% with $1,305/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 140.74% and total cumulative return in cash records $67,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,305/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,013 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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