409 N 11th StFultonTX78358
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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 Fulton at 409 N 11th St, Fulton, TX, 78358 priced at $319,000 converts $2,340/mo rent into $72/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,340/mo, and annual cash flow totals $863/yr on $105,749 invested. Return on cash invested prints 20.72% in year one, and rental yield reads 8.8% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 108.42% and total cumulative return in cash sums $114,649. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78358, Fulton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 108 (47.4%) |
| Renter Occupied HU | 34 (14.9%) |
| Vacant Housing Units | 86 (37.7%) |
| Median Home Value | $330,556 |
| Average Home Value | $516,250 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
98
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