2 Fm 980 Rd NOakhurstTX77359
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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
Rental property for sale in Oakhurst at 2 Fm 980 Rd N, Oakhurst, TX, 77359 generates $1,732/mo in rent and, after a $538/mo payment, leaves $950/mo in cash flow. Total monthly income is $1,732/mo, and annual cash flow is $11,405/yr on $36,432 invested. Return on cash invested sits at 51.21% in year one, and rental yield is 18.91% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 272.02% and total cumulative return in cash sums $99,100. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,732/mo property income rather than buyer’s personal income.
Lot
Built in N/A
4.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 77359, Oakhurst, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 291 (100%) |
| Owner Occupied HU | 161 (55.3%) |
| Renter Occupied HU | 46 (15.8%) |
| Vacant Housing Units | 84 (28.9%) |
| Median Home Value | $172,794 |
| Average Home Value | $253,261 |
Housing Distribution
Address Breakdown
Residential
234
Single Family
234
Multi-Family
0
Businesses
23
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Listed by: Robbi Flack • HomeLand Properties, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #89624235
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