205 S Hoyne AveFritchTX79036
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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 205 S Hoyne Ave, Fritch, TX, 79036 offers $2,426/mo rent that, after a $710/mo payment, leaves $1,395/mo cash flow. Total monthly income is $2,426/mo, and annual cash flow is $16,735/yr on $48,068 cash. Return on cash invested measures 54.72% in year one, and rental yield stands at 20.08% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 290.81% and total cumulative return in cash reaches $139,784. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,426/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
8,276 sqft 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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Listed by: Kelly Denham • Horton Neely, LLC, REALTORS
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-2978
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.