250 Waterloo DrAbileneTX79602
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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 250 Waterloo Dr, Abilene, TX, 79602 offers a 10.02% rental yield on a $243,500 purchase with $2,034/mo rent. Total monthly income registers $2,034/mo, and a $1,192/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,627/yr on $80,720 to close, and return on cash invested stands at 24.4% in year one. Equity gained on principal adds $1,571/yr while 5% annual appreciation supports $67,275 over five years. Portfolio math shows five-year ROI at 128.19% and total cumulative return in cash at $103,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $1,192/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79602, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,088 (100%) |
| Owner Occupied HU | 7,418 (66.9%) |
| Renter Occupied HU | 2,672 (24.1%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $242,095 |
| Average Home Value | $274,020 |
Housing Distribution
Address Breakdown
Residential
10,756
Single Family
10,207
Multi-Family
549
Businesses
1,078
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Listed by: Sharla Wallace • Better Homes & Gardens Real Estate Senter, REALTORS
Mls Name: NTREIS
Mls ID: #20780529
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.