313 Jefferson StFairfieldTX75840
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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
Rental property for sale in Fairfield at 313 Jefferson St, Fairfield, TX, 75840 offers $1,482/mo rent that, after a $942/mo payment, leaves $113/mo cash flow. Total monthly income is $1,482/mo, and annual cash flow is $1,359/yr on $63,814 cash. Return on cash invested measures 22.04% in year one, and rental yield stands at 9.24% at a $192,500 entry. Equity gained on principal adds $1,242/yr while 5% annual appreciation compounds into $53,184 by year five. Five-year ROI records 115.54% and total cumulative return in cash reaches $73,733. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,482/mo property income versus a $942/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75840, Fairfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,213 (63.5%) |
| Renter Occupied HU | 699 (20.1%) |
| Vacant Housing Units | 573 (16.4%) |
| Median Home Value | $217,467 |
| Average Home Value | $271,304 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,774
Multi-Family
140
Businesses
453
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