2934 Fm 614, Ovalo, TX, 79541 | 8.5% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ovalo at 2934 Fm 614, Ovalo, TX, 79541 earns from $1,948/mo rent with a $1,346/mo payment. Total monthly income totals $1,948/mo. ROI tracks 19.81% on current figures, and rental yield reads 8.5% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 103.54% and total cumulative return in cash sums $94,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,948/mo property income instead of your personal income.

Single Family

Built in 1917

7,000 sqft 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