3026 Delaware RdAbileneTX79606
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
Rental property for sale in Abilene at 3026 Delaware Rd, Abilene, TX, 79606 priced at $285,000 converts $2,333/mo rent into $306/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,333/mo, and annual cash flow totals $3,675/yr on $94,478 invested. Return on cash invested prints 23.8% in year one, and rental yield reads 9.82% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 124.95% and total cumulative return in cash sums $118,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,333/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79606, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,876 (100%) |
| Owner Occupied HU | 7,264 (52.3%) |
| Renter Occupied HU | 5,508 (39.7%) |
| Vacant Housing Units | 1,104 ( 8.0%) |
| Median Home Value | $276,245 |
| Average Home Value | $311,864 |
Housing Distribution
Address Breakdown
Residential
13,702
Single Family
10,096
Multi-Family
3,606
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dylan Burnett • Redrock Realty Group
Mls Name: NTREIS
Mls ID: #20900685
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.