447 Mockingbird LnFairfieldTX75840
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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 Fairfield at 447 Mockingbird Ln, Fairfield, TX, 75840 with 5% annual appreciation on a $150,000 basis while $1,134/mo rent supports operations. Total monthly income totals $1,134/mo and a $734/mo payment preserves $68/mo for cash returns. Annual cash flow comes to $810/yr on $49,725 deployed, and return on cash invested reaches 21.54% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.07%. Five-year ROI measures 112.83% and total cumulative return in cash totals $56,106.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,134/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1973
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75840, Fairfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,213 (63.5%) |
| Renter Occupied HU | 699 (20.1%) |
| Vacant Housing Units | 573 (16.4%) |
| Median Home Value | $217,467 |
| Average Home Value | $271,304 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,774
Multi-Family
140
Businesses
453
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Listed by: Jonathan Minerick • HomeCoin.com
Mls Name: NTREIS
Mls ID: #21064751
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.