2510 County Road 162OvaloTX79541
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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 Ovalo at 2510 County Road 162, Ovalo, TX, 79541 generates $3,362/mo in rent, after a $3,372/mo payment. Total monthly income is $3,362/mo. Return on cash invested sits at 11.92% in year one, and rental yield is 5.86% on a $689,000 entry. Equity gained on principal adds $4,446/yr, while 5% annual appreciation builds toward $190,358 over five years. Five-year ROI reaches 61.2% and total cumulative return in cash sums $138,726. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,362/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79541, Ovalo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 428 (100%) |
| Owner Occupied HU | 316 (73.8%) |
| Renter Occupied HU | 37 ( 8.6%) |
| Vacant Housing Units | 75 (17.5%) |
| Median Home Value | $270,690 |
| Average Home Value | $347,191 |
Housing Distribution
Address Breakdown
Residential
447
Single Family
447
Multi-Family
0
Businesses
7
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Listed by: Lucy Bishop • Sendero Properties, LLC
Mls Name: NTREIS
Mls ID: #21019009
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.