214 Fm #1819WellsTX75976
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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 Wells at 214 Fm #1819, Wells, TX, 75976 offers a 9.17% rental yield on a $150,000 purchase with $1,146/mo rent. Total monthly income registers $1,146/mo, and a $734/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $954/yr on $49,725 to close, and return on cash invested stands at 21.83% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 114.4% and total cumulative return in cash at $56,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,146/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75976, Wells, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 312 (100%) |
| Owner Occupied HU | 184 (59.0%) |
| Renter Occupied HU | 72 (23.1%) |
| Vacant Housing Units | 56 (17.9%) |
| Median Home Value | $183,333 |
| Average Home Value | $221,535 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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