31 Fm 1996OglesbyTX76561
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
Investment property for sale in Oglesby at 31 Fm 1996, Oglesby, TX, 76561 uses $49,725 cash to close to unlock $4,482/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $734/mo payment keeps the spread at $374/mo. Purchase price stands at $150,000, and rental yield measures 11.52% with $1,440/mo rent. Return on cash invested shows 28.92% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 152.43% and total cumulative return in cash records $75,798. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $734/mo payment rather than investor’s personal income.
Manufactured
Built in 2009
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76561, Oglesby, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 575 (100%) |
| Owner Occupied HU | 404 (70.3%) |
| Renter Occupied HU | 95 (16.5%) |
| Vacant Housing Units | 76 (13.2%) |
| Median Home Value | $211,404 |
| Average Home Value | $290,223 |
Housing Distribution
Address Breakdown
Residential
461
Single Family
461
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices