3850 Wake Forrest LnAbileneTX79602
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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 3850 Wake Forrest Ln, Abilene, TX, 79602 earns $444/mo cash flow from $1,952/mo rent with a $1,038/mo payment. Total monthly income totals $1,952/mo, and annual cash flow totals $5,329/yr on $70,278 capital. ROI tracks 27.49% on current figures, and rental yield reads 11.05% at a $212,000 purchase. Equity gained on principal adds $1,368/yr, and 5% annual appreciation supports $58,572 over five years. Five-year ROI reaches 144.77% and total cumulative return in cash sums $101,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,952/mo property income instead of your personal income.
Single Family
Built in 1997
6,011 sqft lot
$N/A/sqft
No 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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