409 3rd St, Blanket, TX, 76432 | $237/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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409 3rd St, Blanket, TX, 76432 | $237/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Blanket at 409 3rd St, Blanket, TX, 76432 with 5% annual appreciation on a $249,000 basis while $2,008/mo rent supports operations. Total monthly income totals $2,008/mo and a $1,219/mo payment preserves $237/mo for cash returns. Annual cash flow comes to $2,845/yr on $82,544 deployed, and return on cash invested reaches 23.36% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 9.68%. Five-year ROI measures 122.58% and total cumulative return in cash totals $101,180.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,008/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1983

2.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Motivated seller!! Dont miss out on this gem of a property in Blanket, TX! This custom-built home has incredible potential, and ready for the updates of your choice! Its perfect for small livestock, poultry, and gardening, with solid perimeter and cross fencing for easy management. The home features a great layout, spacious bedrooms, and pocket doors throughout. Enjoy the large back patio, ideal for entertaining or simply relaxing while taking in the open fields with no neighbors in sight. The barns are equipped with electricity and ready for your weekend projects or future 4-H endeavors. The property offers city water along with a well for irrigation or watering livestock. Much of the furnishings and appliances are negotiable!! Come take a look soon!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76432, Blanket, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	705 (100%)
Owner Occupied HU	521 (73.9%)
Renter Occupied HU	82 (11.6%)
Vacant Housing Units	102 (14.5%)
Median Home Value	$228,271
Average Home Value	$319,213