204 Wolfe StPonderTX76259
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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 Ponder at 204 Wolfe St, Ponder, TX, 76259 uses $65,969 cash to close to unlock $3,263/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,687/mo, and a $974/mo payment keeps the spread at $272/mo. Purchase price stands at $199,000, and rental yield measures 10.17% with $1,687/mo rent. Return on cash invested shows 24.85% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 130.56% and total cumulative return in cash records $86,130. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,687/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76259, Ponder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,643 (100%) |
| Owner Occupied HU | 2,251 (85.2%) |
| Renter Occupied HU | 302 (11.4%) |
| Vacant Housing Units | 90 ( 3.4%) |
| Median Home Value | $504,792 |
| Average Home Value | $556,339 |
Housing Distribution
Address Breakdown
Residential
2,721
Single Family
2,721
Multi-Family
0
Businesses
190
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Listed by: Cathy Green • Major League Realty, Inc.
Mls Name: NTREIS
Mls ID: #20819925
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.