401 S 2nd StWorthamTX76693
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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 Wortham at 401 S 2nd St, Wortham, TX, 76693 earns from $1,413/mo rent with a $979/mo payment. Total monthly income totals $1,413/mo. ROI tracks 19.74% on current figures, and rental yield reads 8.48% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 103.16% and total cumulative return in cash sums $68,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,413/mo property income instead of your personal income.
Single Family
Built in 1960
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76693, Wortham, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 559 (61.1%) |
| Renter Occupied HU | 211 (23.1%) |
| Vacant Housing Units | 145 (15.8%) |
| Median Home Value | $200,610 |
| Average Home Value | $256,328 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
50
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