35 Mill CtAbileneTX79603
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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 35 Mill Ct, Abilene, TX, 79603 listed at $159,900 pairs $1,974/mo rent with a $783/mo payment to leave $837/mo cash flow. Total monthly income runs $1,974/mo, and annual cash flow reaches $10,039/yr on $53,007 cash to close. Return on cash invested measures 38.85% in year one, and rental yield registers 14.81% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 205.66% and total cumulative return in cash totals $109,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,974/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
9,931 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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