206 E 2nd StBreckenridgeTX76424
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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 Breckenridge at 206 E 2nd St, Breckenridge, TX, 76424 offers $1,427/mo rent that, after a $661/mo payment, leaves $467/mo cash flow. Total monthly income is $1,427/mo, and annual cash flow is $5,601/yr on $44,753 cash. Return on cash invested measures 32.42% in year one, and rental yield stands at 12.68% at a $135,000 entry. Equity gained on principal adds $871/yr while 5% annual appreciation compounds into $37,298 by year five. Five-year ROI records 171.21% and total cumulative return in cash reaches $76,621. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,427/mo property income versus a $661/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1941
6,882 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76424, Breckenridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,223 (100%) |
| Owner Occupied HU | 2,393 (56.7%) |
| Renter Occupied HU | 852 (20.2%) |
| Vacant Housing Units | 978 (23.2%) |
| Median Home Value | $144,643 |
| Average Home Value | $201,142 |
Housing Distribution
Address Breakdown
Residential
3,263
Single Family
3,076
Multi-Family
187
Businesses
509
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Listed by: Carolyn Moore • COPPERLEAF PROPERTIES
Mls Name: NTREIS
Mls ID: #20688332
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.