3061 Us Highway 70OltonTX79064
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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 Olton at 3061 Us Highway 70, Olton, TX, 79064 generates $0/mo in rent, after a $636/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.82% in year one, and rental yield is 0% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79064, Olton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,022 (100%) |
| Owner Occupied HU | 622 (60.9%) |
| Renter Occupied HU | 243 (23.8%) |
| Vacant Housing Units | 157 (15.4%) |
| Median Home Value | $97,576 |
| Average Home Value | $133,344 |
Housing Distribution
Address Breakdown
Residential
86
Single Family
86
Multi-Family
0
Businesses
72
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No similar rental properties found nearby.
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