1967 Fm 489OakwoodTX75840
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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 Oakwood at 1967 Fm 489, Oakwood, TX, 75840 earns from $4,136/mo rent with a $5,384/mo payment. Total monthly income totals $4,136/mo. ROI tracks 7.96% on current figures, and rental yield reads 4.51% at a $1,100,000 purchase. Equity gained on principal adds $7,098/yr, and 5% annual appreciation supports $303,910 over five years. Five-year ROI reaches 39.9% and total cumulative return in cash sums $142,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,136/mo property income instead of your personal income.
Single Family
Built in 1977
154.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75840, Fairfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,213 (63.5%) |
| Renter Occupied HU | 699 (20.1%) |
| Vacant Housing Units | 573 (16.4%) |
| Median Home Value | $217,467 |
| Average Home Value | $271,304 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,774
Multi-Family
140
Businesses
453
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