385 Rs Cres #3374AlbaTX75410
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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 Alba at 385 Rs Cres #3374, Alba, TX, 75410 uses $64,643 cash to close to unlock $1,365/yr annual cash flow and $114/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $954/mo payment keeps the spread at $114/mo. Purchase price stands at $195,000, and rental yield measures 9.23% with $1,500/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 115.37% and total cumulative return in cash records $74,578. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $954/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75410, Alba, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,739 (100%) |
| Owner Occupied HU | 1,979 (72.3%) |
| Renter Occupied HU | 360 (13.1%) |
| Vacant Housing Units | 400 (14.6%) |
| Median Home Value | $248,732 |
| Average Home Value | $280,776 |
Housing Distribution
Address Breakdown
Residential
2,230
Single Family
2,230
Multi-Family
0
Businesses
106
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