409 Park StBurkburnettTX76354
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 Burkburnett at 409 Park St, Burkburnett, TX, 76354 at $424,500 posts ROI 1.34% with from $841/mo rent. Total monthly income equals $841/mo. Return on cash invested measures 1.34% and rental yield reads 2.38% at the current $424,500. Equity gained on principal adds $2,739/yr, and 5% annual appreciation supports $117,282 by year five. Five-year ROI prints 4.48% and total cumulative return in cash totals $6,304. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $841/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in N/A
2,525 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76354, Burkburnett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,095 (62.6%) |
| Renter Occupied HU | 1,444 (29.2%) |
| Vacant Housing Units | 404 ( 8.2%) |
| Median Home Value | $210,141 |
| Average Home Value | $238,553 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,554
Multi-Family
229
Businesses
297
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Nearby investment properties with comparable prices
Listed by: LEE BYBEE • Hirschi Realtors
Mls Name: WFAR
Mls ID: #180377