318 Highway 101EastlandTX76448
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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 Eastland at 318 Highway 101, Eastland, TX, 76448 generates $2,261/mo in rent, after a $3,666/mo payment. Total monthly income is $2,261/mo. Return on cash invested sits at 5.13% in year one, and rental yield is 3.62% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 24.79% and total cumulative return in cash sums $61,096. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,261/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
28.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Housing Distribution
Address Breakdown
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
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Listed by: Rylan Harrison • Harrison Properties
Mls Name: NTREIS
Mls ID: #20976154
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.