303 S Mechanic StFayettevilleTX78940
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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 Fayetteville at 303 S Mechanic St, Fayetteville, TX, 78940 with 5% annual appreciation on a $485,000 basis while $4,066/mo rent supports operations. Total monthly income totals $4,066/mo and a $2,374/mo payment preserves $617/mo for cash returns. Annual cash flow comes to $7,403/yr on $160,778 deployed, and return on cash invested reaches 24.51% in year one. Equity gained on principal adds $3,130/yr, and five-year appreciation sums $133,997 alongside rental yield of 10.06%. Five-year ROI measures 128.74% and total cumulative return in cash totals $206,978.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,066/mo property income versus a $2,374/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
6,512 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78940, Fayetteville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,360 (100%) |
| Owner Occupied HU | 844 (62.1%) |
| Renter Occupied HU | 156 (11.5%) |
| Vacant Housing Units | 360 (26.5%) |
| Median Home Value | $350,625 |
| Average Home Value | $470,216 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,135
Multi-Family
0
Businesses
83
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Listed by: Frank Johnston • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #26388643
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