310 S Wickham StAlvordTX76225
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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 Alvord at 310 S Wickham St, Alvord, TX, 76225 earns from $1,806/mo rent with a $1,346/mo payment. Total monthly income totals $1,806/mo. ROI tracks 17.94% on current figures, and rental yield reads 7.88% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 93.51% and total cumulative return in cash sums $85,247. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,806/mo property income instead of your personal income.
Single Family
Built in 1984
1.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76225, Alvord, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,313 (74.9%) |
| Renter Occupied HU | 276 (15.7%) |
| Vacant Housing Units | 165 ( 9.4%) |
| Median Home Value | $374,793 |
| Average Home Value | $524,745 |
Housing Distribution
Address Breakdown
Residential
1,539
Single Family
1,539
Multi-Family
0
Businesses
92
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