462 Anderson 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
Rental property for sale in Fairfield at 462 Anderson Ln, Fairfield, TX, 75840 priced at $165,000 converts $1,261/mo rent into $87/mo cash flow after a $808/mo obligation. Total monthly income equals $1,261/mo, and annual cash flow totals $1,047/yr on $54,698 invested. Return on cash invested prints 21.82% in year one, and rental yield reads 9.17% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 114.39% and total cumulative return in cash sums $62,567. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,261/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.39 Acres 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: Joselyn Gonzalez • Premier Realty
Mls Name: NTREIS
Mls ID: #20946027
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.