407 Reynolds AveTaftTX78390
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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 Taft at 407 Reynolds Ave, Taft, TX, 78390 priced at $249,900 converts $1,637/mo rent into after a $1,223/mo obligation. Total monthly income equals $1,637/mo. Return on cash invested prints 17.88% in year one, and rental yield reads 7.86% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 93.23% and total cumulative return in cash sums $77,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,637/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 2020
8,125 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78390, Taft, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,415 (60.1%) |
| Renter Occupied HU | 542 (23.0%) |
| Vacant Housing Units | 396 (16.8%) |
| Median Home Value | $151,236 |
| Average Home Value | $210,401 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
1,986
Multi-Family
83
Businesses
130
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