508 McCarver DrBallingerTX76821
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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
Investment property for sale in Ballinger at 508 McCarver Dr, Ballinger, TX, 76821 with 5% annual appreciation on a $360,500 basis while $2,940/mo rent supports operations. Total monthly income totals $2,940/mo and a $1,764/mo payment preserves $377/mo for cash returns. Annual cash flow comes to $4,523/yr on $119,506 deployed, and return on cash invested reaches 23.69% in year one. Equity gained on principal adds $2,326/yr, and five-year appreciation sums $99,600 alongside rental yield of 9.79%. Five-year ROI measures 124.34% and total cumulative return in cash totals $148,594.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,940/mo property income versus a $1,764/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76821, Ballinger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,384 (60.6%) |
| Renter Occupied HU | 427 (18.7%) |
| Vacant Housing Units | 472 (20.7%) |
| Median Home Value | $115,526 |
| Average Home Value | $148,624 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,921
Multi-Family
22
Businesses
283
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