204 S Wickham StAlvordTX76225
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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 Alvord at 204 S Wickham St, Alvord, TX, 76225 earns $141/mo cash flow from $1,421/mo rent with a $881/mo payment. Total monthly income totals $1,421/mo, and annual cash flow totals $1,692/yr on $59,670 capital. ROI tracks 22.74% on current figures, and rental yield reads 9.47% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 119.24% and total cumulative return in cash sums $71,153. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,421/mo property income instead of your personal income.
Manufactured
Built in 2007
8,407 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76225, Alvord, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,313 (74.9%) |
| Renter Occupied HU | 276 (15.7%) |
| Vacant Housing Units | 165 ( 9.4%) |
| Median Home Value | $374,793 |
| Average Home Value | $524,745 |
Housing Distribution
Address Breakdown
Residential
1,539
Single Family
1,539
Multi-Family
0
Businesses
92
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