609 S Johns StClarendonTX79226
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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 Clarendon at 609 S Johns St, Clarendon, TX, 79226 generates $1,013/mo in rent and, after a $660/mo payment, leaves $54/mo in cash flow. Total monthly income is $1,013/mo, and annual cash flow is $648/yr on $44,719 invested. Return on cash invested sits at 21.36% in year one, and rental yield is 9.01% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 111.78% and total cumulative return in cash sums $49,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,013/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79226, Clarendon, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,639 (100%) |
| Owner Occupied HU | 824 (50.3%) |
| Renter Occupied HU | 310 (18.9%) |
| Vacant Housing Units | 505 (30.8%) |
| Median Home Value | $108,989 |
| Average Home Value | $156,735 |
Housing Distribution
Address Breakdown
Residential
562
Single Family
338
Multi-Family
224
Businesses
151
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