308 Franklin StAnthonyTX79821
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 Anthony at 308 Franklin St, Anthony, TX, 79821 generates $1,588/mo in rent, after a $1,444/mo payment. Total monthly income is $1,588/mo. Return on cash invested sits at 13.65% in year one, and rental yield is 6.46% on a $294,997 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,502 over five years. Five-year ROI reaches 70.55% and total cumulative return in cash sums $68,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79821, Anthony, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,073 (100%) |
| Owner Occupied HU | 1,434 (69.2%) |
| Renter Occupied HU | 488 (23.5%) |
| Vacant Housing Units | 151 ( 7.3%) |
| Median Home Value | $217,713 |
| Average Home Value | $238,818 |
Housing Distribution
Address Breakdown
Residential
1,792
Single Family
1,713
Multi-Family
79
Businesses
170
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Nearby investment properties with comparable prices
Listed by: Martha E Martinez • Keller Williams Realty
Mls Name: GEPAR
Mls Provider:
Mls ID: #909866
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the Greater El Paso Association of REALTORS. Real estate listings held by brokerage firms other than Zillow, Inc are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing brokers. Listing data is deemed reliable but not guaranteed. Copyright 2024 the Greater El Paso Association of REALTORS, MLS Inc. All rights reserved.