640 Fetick AveTaftTX78390
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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 Taft at 640 Fetick Ave, Taft, TX, 78390 uses $38,786 cash to close to unlock $10,832/yr annual cash flow and $903/mo monthly cash flow. Total monthly income runs $1,735/mo, and a $573/mo payment keeps the spread at $903/mo. Purchase price stands at $117,000, and rental yield measures 17.79% with $1,735/mo rent. Return on cash invested shows 47.84% in year one, and 5% annual appreciation builds toward $32,325 over five years. Five-year ROI reaches 253.89% and total cumulative return in cash records $98,473. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,735/mo property income covering a $573/mo payment rather than investor’s personal income.
Single Family
Built in 1931
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78390, Taft, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,415 (60.1%) |
| Renter Occupied HU | 542 (23.0%) |
| Vacant Housing Units | 396 (16.8%) |
| Median Home Value | $151,236 |
| Average Home Value | $210,401 |
Housing Distribution
Address Breakdown
Residential
2,069
Single Family
1,986
Multi-Family
83
Businesses
130
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