525 E North 20th StAbileneTX79601
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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 525 E North 20th St, Abilene, TX, 79601 priced at $230,000 converts $2,507/mo rent into $871/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,507/mo, and annual cash flow totals $10,454/yr on $76,245 invested. Return on cash invested prints 33.62% in year one, and rental yield reads 13.08% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 177.65% and total cumulative return in cash sums $135,451. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,507/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1952
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79601, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 4,022 (40.1%) |
| Renter Occupied HU | 4,473 (44.6%) |
| Vacant Housing Units | 1,524 (15.2%) |
| Median Home Value | $209,714 |
| Average Home Value | $215,167 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
7,540
Multi-Family
1,163
Businesses
1,084
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Listed by: Jonathan Minerick • HomeCoin.com
Mls Name: NTREIS
Mls ID: #20688011
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.