506 S Oak StArcher CityTX76351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Archer City at 506 S Oak St, Archer City, TX, 76351 priced at $150,000 converts $1,692/mo rent into $626/mo cash flow after a $734/mo obligation. Total monthly income equals $1,692/mo, and annual cash flow totals $7,506/yr on $49,725 invested. Return on cash invested prints 35% in year one, and rental yield reads 13.54% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 185.06% and total cumulative return in cash sums $92,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,692/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1957
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76351, Archer City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 812 (100%) |
| Owner Occupied HU | 547 (67.4%) |
| Renter Occupied HU | 153 (18.8%) |
| Vacant Housing Units | 112 (13.8%) |
| Median Home Value | $117,161 |
| Average Home Value | $184,689 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TIM LOCKHART • Keller Williams Lonestar Dfw
Mls Name: WFAR
Mls ID: #180967