602 N Main StStratfordTX79084
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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 Stratford at 602 N Main St, Stratford, TX, 79084 generates $4,483/mo in rent and, after a $1,218/mo payment, leaves $2,713/mo in cash flow. Total monthly income is $4,483/mo, and annual cash flow is $32,560/yr on $82,503 invested. Return on cash invested sits at 59.37% in year one, and rental yield is 21.62% on a $248,878 entry. Equity gained on principal adds $1,606/yr, while 5% annual appreciation builds toward $68,760 over five years. Five-year ROI reaches 315.7% and total cumulative return in cash sums $260,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,483/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79084, Stratford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 945 (100%) |
| Owner Occupied HU | 590 (62.4%) |
| Renter Occupied HU | 216 (22.9%) |
| Vacant Housing Units | 139 (14.7%) |
| Median Home Value | $135,169 |
| Average Home Value | $180,640 |
Housing Distribution
Address Breakdown
Residential
59
Single Family
59
Multi-Family
0
Businesses
102
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Listed by: Toni Vincent • ERA Courtyard Real Estate
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-6258
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.