399 E College StAlbaTX75410
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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
Rental property for sale in Alba at 399 E College St, Alba, TX, 75410 priced at $175,000 converts $1,846/mo rent into $601/mo cash flow after a $857/mo obligation. Total monthly income equals $1,846/mo, and annual cash flow totals $7,213/yr on $58,013 invested. Return on cash invested prints 32.34% in year one, and rental yield reads 12.66% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 170.81% and total cumulative return in cash sums $99,091. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,846/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.31 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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