500 Washington DrAvingerTX75630
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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 500 Washington Dr, Avinger, TX, 75630 offers $780/mo rent that, after a $978/mo payment. Total monthly income is $780/mo. Return on cash invested measures 8.3% in year one, and rental yield stands at 4.68% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 41.8% and total cumulative return in cash reaches $27,697. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $780/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
9,583 sqft 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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