355 Morning MistAbileneTX79602
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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 355 Morning Mist, Abilene, TX, 79602 listed at $301,500 pairs $3,757/mo rent with a $1,476/mo payment to leave $1,592/mo cash flow. Total monthly income runs $3,757/mo, and annual cash flow reaches $19,102/yr on $99,947 cash to close. Return on cash invested measures 39.02% in year one, and rental yield registers 14.95% at a $301,500 basis. Equity gained on principal adds $1,946/yr, and annual property appreciation at 5% supports $83,299 by year five. Five-year ROI tracks 206.62% and total cumulative return in cash totals $206,511. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,757/mo property income relative to a $1,476/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
8,363 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79602, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,088 (100%) |
| Owner Occupied HU | 7,418 (66.9%) |
| Renter Occupied HU | 2,672 (24.1%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $242,095 |
| Average Home Value | $274,020 |
Housing Distribution
Address Breakdown
Residential
10,756
Single Family
10,207
Multi-Family
549
Businesses
1,078
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Listed by: Sharla Wallace • Better Homes & Gardens Real Estate Senter, REALTORS
Mls Name: NTREIS
Mls ID: #20671842
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.