224 Sharp DrStephenvilleTX76401
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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 Stephenville at 224 Sharp Dr, Stephenville, TX, 76401 uses $84,533 cash to close to unlock $5,961/yr annual cash flow and $497/mo monthly cash flow. Total monthly income runs $2,310/mo, and a $1,248/mo payment keeps the spread at $497/mo. Purchase price stands at $255,000, and rental yield measures 10.87% with $2,310/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 141.88% and total cumulative return in cash records $119,936. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1984
8,973 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Housing Distribution
Address Breakdown
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
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Listed by: Ronda Melton • Melton Real Estate Group Inc
Mls Name: NTREIS
Mls ID: #21038761