623 W Mesquite StJacksboroTX76458
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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
Investment property for sale in Jacksboro at 623 W Mesquite St, Jacksboro, TX, 76458 offers a 13.18% rental yield on a $135,000 purchase with $1,483/mo rent. Total monthly income registers $1,483/mo, and a $661/mo payment leaves $523/mo available for distribution. Annual cash flow reaches $6,273/yr on $44,753 to close, and return on cash invested stands at 33.93% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 179.25% and total cumulative return in cash at $80,221. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,483/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76458, Jacksboro, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,685 (100%) |
| Owner Occupied HU | 1,610 (60.0%) |
| Renter Occupied HU | 521 (19.4%) |
| Vacant Housing Units | 554 (20.6%) |
| Median Home Value | $178,906 |
| Average Home Value | $264,752 |
Housing Distribution
Address Breakdown
Residential
2,216
Single Family
2,181
Multi-Family
35
Businesses
326
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Listed by: Lou Quiles • CENTURY 21 Judge Fite Co.
Mls Name: NTREIS
Mls ID: #20524623
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.