401 Avenue L SChillicotheTX79225
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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 Chillicothe at 401 Avenue L S, Chillicothe, TX, 79225 with 5% annual appreciation on a $235,000 basis while $2,455/mo rent supports operations. Total monthly income totals $2,455/mo and a $1,150/mo payment preserves $784/mo for cash returns. Annual cash flow comes to $9,409/yr on $77,903 deployed, and return on cash invested reaches 31.99% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 12.54%. Five-year ROI measures 168.88% and total cumulative return in cash totals $131,560.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,455/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79225, Chillicothe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 226 (58.1%) |
| Renter Occupied HU | 99 (25.4%) |
| Vacant Housing Units | 64 (16.5%) |
| Median Home Value | $72,593 |
| Average Home Value | $125,022 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
28
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Listed by: Randall Mints • DAVIS VERNON AGENCY, INC
Mls Name: My State MLS
Mls ID: #11291043