489 S 1st AveStephenvilleTX76401
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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
Total monthly income runs $1,437/mo, and a $1,052/mo payment. Purchase price stands at $215,000, and rental yield measures 8.02% with $1,437/mo rent. Return on cash invested shows 18.37% in year one, and 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 95.8% and total cumulative return in cash records $68,281. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,437/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Housing Distribution
Address Breakdown
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
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Listed by: Larinda Ray • LARINDA RAY REALTY TEAM
Mls Name: NTREIS
Mls ID: #20903309
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.