2705 E Franklin AveAltonTX78573
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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 Alton at 2705 E Franklin Ave, Alton, TX, 78573 earns from $1,288/mo rent with a $2,393/mo payment. Total monthly income totals $1,288/mo. ROI tracks 2.4% on current figures, and rental yield reads 3.16% at a $489,000 purchase. Equity gained on principal adds $3,155/yr, and 5% annual appreciation supports $135,102 over five years. Five-year ROI reaches 10.63% and total cumulative return in cash sums $17,230. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,288/mo property income instead of your personal income.
Multi Family
Built in 2018
0.25 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78573, Mission, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,379 (100%) |
| Owner Occupied HU | 9,397 (65.4%) |
| Renter Occupied HU | 3,749 (26.1%) |
| Vacant Housing Units | 1,233 ( 8.6%) |
| Median Home Value | $191,448 |
| Average Home Value | $242,363 |
Housing Distribution
Address Breakdown
Residential
13,981
Single Family
13,419
Multi-Family
562
Businesses
797
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Listed by: Lizeth Gonzalez • Encore Fine Properties
Mls Name: NTREIS
Mls ID: #20855343
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.