409 Peach StBurkburnettTX76354
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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
Investment property for sale in Burkburnett at 409 Peach St, Burkburnett, TX, 76354 uses $38,089 cash to close to unlock $628/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $869/mo, and a $562/mo payment keeps the spread at $52/mo. Purchase price stands at $114,900, and rental yield measures 9.08% with $869/mo rent. Return on cash invested shows 21.56% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 112.95% and total cumulative return in cash records $43,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $869/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1960
N/A 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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Listed by: Debra West • Re/Max Elite Group
Mls Name: WFAR
Mls ID: #179256