515 Dot AveBurkburnettTX76354
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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 Burkburnett at 515 Dot Ave, Burkburnett, TX, 76354 listed at $130,000 pairs $1,165/mo rent with a $636/mo payment to leave $241/mo cash flow. Total monthly income runs $1,165/mo, and annual cash flow reaches $2,890/yr on $43,095 cash to close. Return on cash invested measures 26.62% in year one, and rental yield registers 10.75% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 140.04% and total cumulative return in cash totals $60,351. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,165/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76354, Burkburnett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,095 (62.6%) |
| Renter Occupied HU | 1,444 (29.2%) |
| Vacant Housing Units | 404 ( 8.2%) |
| Median Home Value | $210,141 |
| Average Home Value | $238,553 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,554
Multi-Family
229
Businesses
297
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Listed by: KIM ROARK • Texas Real Estate Executives
Mls Name: WFAR
Mls ID: #181657