2826 Ivanhoe 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
Rental property for sale in Abilene at 2826 Ivanhoe Ln, Abilene, TX, 79605 priced at $217,500 pairs $2,015/mo rent with $286/mo cash flow after a $1,065/mo payment. Total monthly income equals $2,015/mo, and annual cash flow comes to $3,429/yr on $72,101 invested. Return on cash invested is 24.66% in year one, and rental yield stands at 11.12% on a $217,500 basis. Equity gained on principal adds $1,403/yr, and 5% annual appreciation accumulates to $60,091 by year five. Five-year ROI measures 130.67% and total cumulative return in cash reaches $94,218. For financing, Ziffy Mortgage’s DSCR program evaluates $2,015/mo property income against a $1,065/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
8,637 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: Cindy Robinson • RE/MAX TRINITY
Mls Name: NTREIS
Mls ID: #20792903
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.