602 Sabine AveCleburneTX76031
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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 Cleburne at 602 Sabine Ave, Cleburne, TX, 76031 priced at $420,000 pairs $1,890/mo rent with after a $2,056/mo payment. Total monthly income equals $1,890/mo. Return on cash invested is 10.45% in year one, and rental yield stands at 5.4% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 53.34% and total cumulative return in cash reaches $74,263. For financing, Ziffy Mortgage’s DSCR program evaluates $1,890/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
9,888 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Housing Distribution
Address Breakdown
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
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