200 N Avenue CCross PlainsTX76443
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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 Cross Plains at 200 N Avenue C, Cross Plains, TX, 76443 priced at $145,000 converts $1,152/mo rent into $121/mo cash flow after a $710/mo obligation. Total monthly income equals $1,152/mo, and annual cash flow totals $1,447/yr on $48,068 invested. Return on cash invested prints 22.92% in year one, and rental yield reads 9.53% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 120.22% and total cumulative return in cash sums $57,788. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,152/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76443, Cross Plains, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,060 (100%) |
| Owner Occupied HU | 672 (63.4%) |
| Renter Occupied HU | 162 (15.3%) |
| Vacant Housing Units | 226 (21.3%) |
| Median Home Value | $173,026 |
| Average Home Value | $229,360 |
Housing Distribution
Address Breakdown
Residential
707
Single Family
707
Multi-Family
0
Businesses
91
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Listed by: Shana Hinyard • Hinyard Farm and Ranch LLC
Mls Name: NTREIS
Mls ID: #20759340
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.