602 Turkey RunAbileneTX79602
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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 602 Turkey Run, Abilene, TX, 79602 priced at $315,000 converts $4,069/mo rent into $1,679/mo cash flow after a $1,542/mo obligation. Total monthly income equals $4,069/mo, and annual cash flow totals $20,152/yr on $104,423 invested. Return on cash invested prints 39.21% in year one, and rental yield reads 15.5% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 208.18% and total cumulative return in cash sums $217,385. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,069/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Single Family
Built in 2005
10,497 sqft lot
$N/A/sqft
$360 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79602, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,088 (100%) |
| Owner Occupied HU | 7,418 (66.9%) |
| Renter Occupied HU | 2,672 (24.1%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $242,095 |
| Average Home Value | $274,020 |
Housing Distribution
Address Breakdown
Residential
10,756
Single Family
10,207
Multi-Family
549
Businesses
1,078
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Listed by: Tonya Harbin • Real Broker, LLC.
Mls Name: NTREIS
Mls ID: #20627025
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.