289 BallardTowTX78672
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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 Tow at 289 Ballard, Tow, TX, 78672 uses $49,725 cash to close to unlock $1,086/yr annual cash flow and $91/mo monthly cash flow. Total monthly income runs $1,157/mo, and a $734/mo payment keeps the spread at $91/mo. Purchase price stands at $150,000, and rental yield measures 9.26% with $1,157/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 115.8% and total cumulative return in cash records $57,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,157/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 1978
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78672, Tow, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,017 (100%) |
| Owner Occupied HU | 430 (42.3%) |
| Renter Occupied HU | 73 ( 7.2%) |
| Vacant Housing Units | 514 (50.5%) |
| Median Home Value | $284,286 |
| Average Home Value | $351,820 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
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Listed by: Jill Decker • Lakes and Hills Realty
Mls Name: HLMLS
Mls Provider:
Mls ID: #172864
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.