311 E 9th StFerrisTX75125
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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 Ferris at 311 E 9th St, Ferris, TX, 75125 offers a 9.84% rental yield on a $297,700 purchase with $2,440/mo rent. Total monthly income registers $2,440/mo, and a $1,457/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,877/yr on $98,688 to close, and return on cash invested stands at 23.84% in year one. Equity gained on principal adds $1,921/yr while 5% annual appreciation supports $82,249 over five years. Portfolio math shows five-year ROI at 125.16% and total cumulative return in cash at $123,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,440/mo property income against a $1,457/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75125, Ferris, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,181 (100%) |
| Owner Occupied HU | 2,372 (74.6%) |
| Renter Occupied HU | 633 (19.9%) |
| Vacant Housing Units | 176 ( 5.5%) |
| Median Home Value | $250,492 |
| Average Home Value | $274,762 |
Housing Distribution
Address Breakdown
Residential
3,036
Single Family
3,029
Multi-Family
7
Businesses
213
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Listed by: Allan Rourk • Mersaes Real Estate, Inc.
Mls Name: NTREIS
Mls ID: #21046973
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.