410 S Preston StWolfe CityTX75496
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 Wolfe City at 410 S Preston St, Wolfe City, TX, 75496 offers a 9.17% rental yield on a $189,900 purchase with $1,451/mo rent. Total monthly income registers $1,451/mo, and a $929/mo payment leaves $101/mo available for distribution. Annual cash flow reaches $1,213/yr on $62,952 to close, and return on cash invested stands at 21.84% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 114.46% and total cumulative return in cash at $72,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,451/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75496, Wolfe City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,101 (69.2%) |
| Renter Occupied HU | 332 (20.9%) |
| Vacant Housing Units | 158 ( 9.9%) |
| Median Home Value | $280,500 |
| Average Home Value | $457,754 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
82
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Listed by: Jessica Bierstedt • Coldwell Banker Apex, REALTORS
Mls Name: NTREIS
Mls ID: #21047113