249 S Mockingbird LnAbileneTX79605
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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 Abilene at 249 S Mockingbird Ln, Abilene, TX, 79605 listed at $156,750 pairs $2,377/mo rent with a $767/mo payment to leave $1,263/mo cash flow. Total monthly income runs $2,377/mo, and annual cash flow reaches $15,150/yr on $51,963 cash to close. Return on cash invested measures 49.07% in year one, and rental yield registers 18.2% at a $156,750 basis. Equity gained on principal adds $1,011/yr, and annual property appreciation at 5% supports $43,307 by year five. Five-year ROI tracks 260.43% and total cumulative return in cash totals $135,325. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,377/mo property income relative to a $767/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1950
10,323 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: Mitch Barnett • Barnett & Hill
Mls Name: NTREIS
Mls ID: #20454767
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.