293 Private Road 1285FairfieldTX75840
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fairfield at 293 Private Road 1285, Fairfield, TX, 75840 uses $110,555 cash to close to unlock $2,841/yr annual cash flow and $237/mo monthly cash flow. Total monthly income runs $2,608/mo, and a $1,632/mo payment keeps the spread at $237/mo. Purchase price stands at $333,500, and rental yield measures 9.38% with $2,608/mo rent. Return on cash invested shows 22.48% in year one, and 5% annual appreciation builds toward $92,140 over five years. Five-year ROI reaches 117.84% and total cumulative return in cash records $130,277. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,608/mo property income covering a $1,632/mo payment rather than investor’s personal income.
Single Family
Built in 1997
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75840, Fairfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,213 (63.5%) |
| Renter Occupied HU | 699 (20.1%) |
| Vacant Housing Units | 573 (16.4%) |
| Median Home Value | $217,467 |
| Average Home Value | $271,304 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,774
Multi-Family
140
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammi Kirgan • Rubicon Home Team Realty LLC
Mls Name: NTREIS
Mls ID: #20768174
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.