419 Limestone County Rd #648ThorntonTX76687
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 419 Limestone County Rd #648, Thornton, TX, 76687 in Thornton is capital appreciation. Rental yield 2.09%. The 2.09% gross yield at $1,150,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $317,724 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.39) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $43,322.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.1% | 6.2% |
| Monthly Cash Flow | $(6,175) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,003 |
| Total Monthly Debt Service | $7,720 |
| DSCR Ratio | 0.26x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1989
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76687, Thornton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 553 (53.3%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 382 (36.8%) |
| Median Home Value | $262,321 |
| Average Home Value | $262,007 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
26
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
Single Family
Built in 1989
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76687, Thornton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 553 (53.3%) |
| Renter Occupied HU | 102 ( 9.8%) |
| Vacant Housing Units | 382 (36.8%) |
| Median Home Value | $262,321 |
| Average Home Value | $262,007 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
26
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices