501 Billings RdTolarTX76476
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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 Tolar at 501 Billings Rd, Tolar, TX, 76476 priced at $250,000 pairs $1,891/mo rent with $113/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,891/mo, and annual cash flow comes to $1,354/yr on $82,875 invested. Return on cash invested is 21.54% in year one, and rental yield stands at 9.08% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 112.82% and total cumulative return in cash reaches $93,502. For financing, Ziffy Mortgage’s DSCR program evaluates $1,891/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Housing Distribution
Address Breakdown
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
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