360 W Southern AveSaginawTX76179
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
Rental property for sale in Saginaw at 360 W Southern Ave, Saginaw, TX, 76179 offers $3,530/mo rent that, after a $1,173/mo payment, leaves $1,826/mo cash flow. Total monthly income is $3,530/mo, and annual cash flow is $21,907/yr on $79,477 cash. Return on cash invested measures 47.47% in year one, and rental yield stands at 17.67% at a $239,750 entry. Equity gained on principal adds $1,547/yr while 5% annual appreciation compounds into $66,239 by year five. Five-year ROI records 251.89% and total cumulative return in cash reaches $200,192. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,530/mo property income versus a $1,173/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
9,321 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76179, Fort Worth, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,691 (100%) |
| Owner Occupied HU | 22,929 (79.9%) |
| Renter Occupied HU | 4,858 (16.9%) |
| Vacant Housing Units | 904 ( 3.2%) |
| Median Home Value | $355,811 |
| Average Home Value | $415,903 |
Housing Distribution
Address Breakdown
Residential
27,373
Single Family
25,754
Multi-Family
1,619
Businesses
1,077
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Biedenharn • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20697752
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.