232 County Road 1515AlbaTX75410
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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 Alba at 232 County Road 1515, Alba, TX, 75410 offers a 10.95% rental yield on a $356,300 purchase with $3,250/mo rent. Total monthly income registers $3,250/mo, and a $1,744/mo payment leaves $716/mo available for distribution. Annual cash flow reaches $8,594/yr on $118,113 to close, and return on cash invested stands at 27.19% in year one. Equity gained on principal adds $2,299/yr while 5% annual appreciation supports $98,439 over five years. Portfolio math shows five-year ROI at 143.09% and total cumulative return in cash at $169,008. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,250/mo property income against a $1,744/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75410, Alba, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 1,979 (72.3%) |
| Renter Occupied HU | 360 (13.1%) |
| Vacant Housing Units | 400 (14.6%) |
| Median Home Value | $248,732 |
| Average Home Value | $280,776 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,230
Multi-Family
0
Businesses
106
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