201 Michael DrFritchTX79036
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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 Fritch at 201 Michael Dr, Fritch, TX, 79036 offers $875/mo rent that, after a $538/mo payment, leaves $93/mo cash flow. Total monthly income is $875/mo, and annual cash flow is $1,118/yr on $36,465 cash. Return on cash invested measures 22.97% in year one, and rental yield stands at 9.55% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 120.61% and total cumulative return in cash reaches $43,980. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $875/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79036, Fritch, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,403 (100%) |
| Owner Occupied HU | 1,723 (71.7%) |
| Renter Occupied HU | 267 (11.1%) |
| Vacant Housing Units | 413 (17.2%) |
| Median Home Value | $154,087 |
| Average Home Value | $164,285 |
Housing Distribution
Address Breakdown
Residential
2,022
Single Family
2,022
Multi-Family
0
Businesses
62
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