402 S Avenue LChillicotheTX79225
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 Chillicothe at 402 S Avenue L, Chillicothe, TX, 79225 with 5% annual appreciation on a $260,000 basis while $1,744/mo rent supports operations. 44% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 8.05%. Five-year ROI measures 96.2% and total cumulative return in cash totals $82,913. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,744/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
5,662 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kinsey Bird • Davis Vernon Real Estate
Mls Name: My State MLS
Mls ID: #11406004