3 Silo View RdAbileneTX79601
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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 3 Silo View Rd, Abilene, TX, 79601 priced at $126,500 converts $1,600/mo rent into $701/mo cash flow after a $619/mo obligation. Total monthly income equals $1,600/mo, and annual cash flow totals $8,407/yr on $41,935 invested. Return on cash invested prints 39.96% in year one, and rental yield reads 15.18% against a $126,500 entry. Equity gained on principal adds $816/yr, while 5% annual appreciation compiles into $34,950 by year five. Five-year ROI reaches 211.6% and total cumulative return in cash sums $88,736. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,600/mo property income covering a $619/mo payment, not borrower’s personal income.
Single Family
Built in 1960
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79601, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 4,022 (40.1%) |
| Renter Occupied HU | 4,473 (44.6%) |
| Vacant Housing Units | 1,524 (15.2%) |
| Median Home Value | $209,714 |
| Average Home Value | $215,167 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
7,540
Multi-Family
1,163
Businesses
1,084
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Listed by: Charlen Glidden • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20697362
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.