5202 Meadowick LnAbileneTX79606
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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 Abilene at 5202 Meadowick Ln, Abilene, TX, 79606 generates $3,221/mo in rent and, after a $1,248/mo payment, leaves $1,408/mo in cash flow. Total monthly income is $3,221/mo, and annual cash flow is $16,896/yr on $84,499 invested. Return on cash invested sits at 39.9% in year one, and rental yield is 15.16% on a $254,900 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 211.26% and total cumulative return in cash sums $178,512. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,221/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79606, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,876 (100%) |
| Owner Occupied HU | 7,264 (52.3%) |
| Renter Occupied HU | 5,508 (39.7%) |
| Vacant Housing Units | 1,104 ( 8.0%) |
| Median Home Value | $276,245 |
| Average Home Value | $311,864 |
Housing Distribution
Address Breakdown
Residential
13,702
Single Family
10,096
Multi-Family
3,606
Businesses
709
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Listed by: Suzanne Fulkerson • Real Broker, LLC.
Mls Name: NTREIS
Mls ID: #20717392
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.