639 Grape StAbileneTX79601
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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 Abilene at 639 Grape St, Abilene, TX, 79601 listed at $208,000 pairs $1,295/mo rent with a $1,018/mo payment. Total monthly income runs $1,295/mo. Return on cash invested measures 16.71% in year one, and rental yield registers 7.47% at a $208,000 basis. Equity gained on principal adds $1,342/yr, and annual property appreciation at 5% supports $57,467 by year five. Five-year ROI tracks 86.86% and total cumulative return in cash totals $59,892. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,295/mo property income relative to a $1,018/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79601, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 4,022 (40.1%) |
| Renter Occupied HU | 4,473 (44.6%) |
| Vacant Housing Units | 1,524 (15.2%) |
| Median Home Value | $209,714 |
| Average Home Value | $215,167 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
7,540
Multi-Family
1,163
Businesses
1,084
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Listed by: Laura Gragg • Cooksey & Company
Mls Name: NTREIS
Mls ID: #20954213
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.