615 E Fairview StBlossomTX75416
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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 Blossom at 615 E Fairview St, Blossom, TX, 75416 priced at $192,400 pairs $1,630/mo rent with $262/mo cash flow after a $942/mo payment. Total monthly income equals $1,630/mo, and annual cash flow comes to $3,138/yr on $63,781 invested. Return on cash invested is 24.83% in year one, and rental yield stands at 10.17% on a $192,400 basis. Equity gained on principal adds $1,242/yr, and 5% annual appreciation accumulates to $53,157 by year five. Five-year ROI measures 130.46% and total cumulative return in cash reaches $83,206. For financing, Ziffy Mortgage’s DSCR program evaluates $1,630/mo property income against a $942/mo payment instead of your W2s, 1099s, or Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75416, Blossom, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,388 (100%) |
| Owner Occupied HU | 981 (70.7%) |
| Renter Occupied HU | 303 (21.8%) |
| Vacant Housing Units | 104 ( 7.5%) |
| Median Home Value | $221,912 |
| Average Home Value | $290,377 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,135
Multi-Family
0
Businesses
61
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