2224 Glenwood DrAbileneTX79605
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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 Abilene at 2224 Glenwood Dr, Abilene, TX, 79605 generates $1,846/mo in rent and, after a $1,028/mo payment, leaves $353/mo in cash flow. Total monthly income is $1,846/mo, and annual cash flow is $4,230/yr on $69,615 invested. Return on cash invested sits at 25.99% in year one, and rental yield is 10.55% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 136.67% and total cumulative return in cash sums $95,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,846/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
9,670 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79605, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,373 (100%) |
| Owner Occupied HU | 6,864 (51.3%) |
| Renter Occupied HU | 5,252 (39.3%) |
| Vacant Housing Units | 1,257 ( 9.4%) |
| Median Home Value | $179,474 |
| Average Home Value | $238,629 |
Housing Distribution
Address Breakdown
Residential
12,717
Single Family
11,314
Multi-Family
1,403
Businesses
1,058
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Listed by: Jan McCaslin • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #20886728
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.