405 E Pershing StEastlandTX76448
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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 Eastland at 405 E Pershing St, Eastland, TX, 76448 priced at $279,900 pairs $2,155/mo rent with $165/mo cash flow after a $1,370/mo payment. Total monthly income equals $2,155/mo, and annual cash flow comes to $1,975/yr on $92,787 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 9.24% on a $279,900 basis. Equity gained on principal adds $1,806/yr, and 5% annual appreciation accumulates to $77,331 by year five. Five-year ROI measures 115.47% and total cumulative return in cash reaches $107,137. For financing, Ziffy Mortgage’s DSCR program evaluates $2,155/mo property income against a $1,370/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76448, Eastland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,101 (100%) |
| Owner Occupied HU | 1,776 (57.3%) |
| Renter Occupied HU | 655 (21.1%) |
| Vacant Housing Units | 670 (21.6%) |
| Median Home Value | $203,516 |
| Average Home Value | $262,323 |
Housing Distribution
Address Breakdown
Residential
2,528
Single Family
2,241
Multi-Family
287
Businesses
387
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