506 Cundiff Crafton RdChicoTX76431
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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 Chico at 506 Cundiff Crafton Rd, Chico, TX, 76431 offers $1,980/mo rent that, after a $5,702/mo payment. Total monthly income is $1,980/mo. Return on cash invested measures 0.33% in year one, and rental yield stands at 2.04% at a $1,165,000 entry. Equity gained on principal adds $7,518/yr while 5% annual appreciation compounds into $321,868 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $5,702/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
21.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76431, Chico, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,774 (100%) |
| Owner Occupied HU | 1,093 (61.6%) |
| Renter Occupied HU | 244 (13.8%) |
| Vacant Housing Units | 437 (24.6%) |
| Median Home Value | $278,385 |
| Average Home Value | $380,403 |
Housing Distribution
Address Breakdown
Residential
1,543
Single Family
1,543
Multi-Family
0
Businesses
116
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Listed by: Kolby Stewart • The Ashton Agency
Mls Name: NTREIS
Mls ID: #20934591
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.