600 E South 1st StAlbanyTX76430
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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
Total monthly income runs $1,662/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 5.7% with $1,662/mo rent. Return on cash invested shows 11.36% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 58.22% and total cumulative return in cash records $67,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,662/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76430, Albany, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 794 (66.8%) |
| Renter Occupied HU | 192 (16.1%) |
| Vacant Housing Units | 203 (17.1%) |
| Median Home Value | $235,437 |
| Average Home Value | $242,179 |
Housing Distribution
Address Breakdown
Residential
600
Single Family
600
Multi-Family
0
Businesses
165
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