401 Wood AveAmherstTX79312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Amherst at 401 Wood Ave, Amherst, TX, 79312 at $237,500 posts ROI 22.22% with $152/mo cash flow from $1,840/mo rent. Total monthly income equals $1,840/mo, and annual cash flow records $1,818/yr on $78,731 to close. Return on cash invested measures 22.22% and rental yield reads 9.3% at the current $237,500. Equity gained on principal adds $1,533/yr, and 5% annual appreciation supports $65,617 by year five. Five-year ROI prints 116.44% and total cumulative return in cash totals $91,677.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,840/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79312, Amherst, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 462 (100%) |
| Owner Occupied HU | 257 (55.6%) |
| Renter Occupied HU | 127 (27.5%) |
| Vacant Housing Units | 78 (16.9%) |
| Median Home Value | $63,947 |
| Average Home Value | $126,021 |
Housing Distribution
Address Breakdown
Residential
108
Single Family
108
Multi-Family
0
Businesses
33
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Britney Sherley • Reside Real Estate Co.
Mls Name: LBMLS
Mls Provider:
Mls ID: #202551675
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.