3111 Sherry LnAbileneTX79603
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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 Abilene at 3111 Sherry Ln, Abilene, TX, 79603 earns $585/mo cash flow from $1,489/mo rent with a $622/mo payment. Total monthly income totals $1,489/mo, and annual cash flow totals $7,026/yr on $42,101 capital. ROI tracks 36.6% on current figures, and rental yield reads 14.07% at a $127,000 purchase. Equity gained on principal adds $820/yr, and 5% annual appreciation supports $35,088 over five years. Five-year ROI reaches 193.61% and total cumulative return in cash sums $81,513. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,489/mo property income instead of your personal income.
Single Family
Built in 1959
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79603, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 5,408 (54.4%) |
| Renter Occupied HU | 3,482 (35.0%) |
| Vacant Housing Units | 1,047 (10.5%) |
| Median Home Value | $137,272 |
| Average Home Value | $205,671 |
Housing Distribution
Address Breakdown
Residential
8,987
Single Family
8,346
Multi-Family
641
Businesses
626
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