5601 Wagon Wheel AveAbileneTX79606
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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 5601 Wagon Wheel Ave, Abilene, TX, 79606 generates $6,397/mo in rent, after a $6,913/mo payment. Total monthly income is $6,397/mo. Return on cash invested sits at 10.81% in year one, and rental yield is 5.44% on a $1,412,400 entry. Equity gained on principal adds $9,114/yr, while 5% annual appreciation builds toward $390,220 over five years. Five-year ROI reaches 55.18% and total cumulative return in cash sums $252,504. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,397/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
2.01 Acres 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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