6230 Kovar RdFayettevilleTX78940
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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 Fayetteville at 6230 Kovar Rd, Fayetteville, TX, 78940 generates $5,700/mo in rent, after a $7,067/mo payment. Total monthly income is $5,700/mo. Return on cash invested sits at 8.65% in year one, and rental yield is 4.74% on a $1,443,780 entry. Equity gained on principal adds $9,316/yr, while 5% annual appreciation builds toward $398,890 over five years. Five-year ROI reaches 43.62% and total cumulative return in cash sums $204,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,700/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
80.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78940, Fayetteville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,360 (100%) |
| Owner Occupied HU | 844 (62.1%) |
| Renter Occupied HU | 156 (11.5%) |
| Vacant Housing Units | 360 (26.5%) |
| Median Home Value | $350,625 |
| Average Home Value | $470,216 |
Housing Distribution
Address Breakdown
Residential
1,135
Single Family
1,135
Multi-Family
0
Businesses
83
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Listed by: Linda Plant • Martha Turner Sotheby's International Realty - Round Top
Mls Name: HAR
Mls ID: #90953015