426 Sims CirAvingerTX75630
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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 Avinger at 426 Sims Cir, Avinger, TX, 75630 priced at $600,000 converts $2,533/mo rent into after a $2,937/mo obligation. Total monthly income equals $2,533/mo. Return on cash invested prints 9.52% in year one, and rental yield reads 5.07% against a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation compiles into $165,769 by year five. Five-year ROI reaches 48.3% and total cumulative return in cash sums $95,352. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,533/mo property income covering a $2,937/mo payment, not borrower’s personal income.
Single Family
Built in 1980
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75630, Avinger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,637 (100%) |
| Owner Occupied HU | 1,067 (65.2%) |
| Renter Occupied HU | 168 (10.3%) |
| Vacant Housing Units | 402 (24.6%) |
| Median Home Value | $155,478 |
| Average Home Value | $197,894 |
Housing Distribution
Address Breakdown
Residential
1,191
Single Family
1,175
Multi-Family
16
Businesses
61
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