318 Austin StFabensTX79838
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 Fabens at 318 Austin St, Fabens, TX, 79838 with 5% annual appreciation on a $153,400 basis while $1,409/mo rent supports operations. Total monthly income totals $1,409/mo and a $751/mo payment preserves $260/mo for cash returns. Annual cash flow comes to $3,124/yr on $50,852 deployed, and return on cash invested reaches 26.05% in year one. Equity gained on principal adds $990/yr, and five-year appreciation sums $42,382 alongside rental yield of 11.02%. Five-year ROI measures 137.54% and total cumulative return in cash totals $69,941.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,409/mo property income versus a $751/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1979
4,486 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79838, Fabens, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,728 (100%) |
| Owner Occupied HU | 1,788 (65.5%) |
| Renter Occupied HU | 709 (26.0%) |
| Vacant Housing Units | 231 ( 8.5%) |
| Median Home Value | $90,784 |
| Average Home Value | $137,069 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices