514 W Walker StBreckenridgeTX76424
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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 Breckenridge at 514 W Walker St, Breckenridge, TX, 76424 generates $1,276/mo in rent and, after a $832/mo payment, leaves $67/mo in cash flow. Total monthly income is $1,276/mo, and annual cash flow is $806/yr on $56,355 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 9.01% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash sums $63,009. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,276/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76424, Breckenridge, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,223 (100%) |
| Owner Occupied HU | 2,393 (56.7%) |
| Renter Occupied HU | 852 (20.2%) |
| Vacant Housing Units | 978 (23.2%) |
| Median Home Value | $144,643 |
| Average Home Value | $201,142 |
Housing Distribution
Address Breakdown
Residential
3,263
Single Family
3,076
Multi-Family
187
Businesses
509
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Listed by: Traci Bounds • Southridge Realty Group
Mls Name: NTREIS
Mls ID: #20989542