643 Palm StAbileneTX79602
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Nearby investment properties with comparable prices
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 643 Palm St, Abilene, TX, 79602 at $185,000 posts ROI 21.55% with $84/mo cash flow from $1,399/mo rent. Total monthly income equals $1,399/mo, and annual cash flow records $1,007/yr on $61,328 to close. Return on cash invested measures 21.55% and rental yield reads 9.07% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 112.85% and total cumulative return in cash totals $69,207.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,399/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79602, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,088 (100%) |
| Owner Occupied HU | 7,418 (66.9%) |
| Renter Occupied HU | 2,672 (24.1%) |
| Vacant Housing Units | 998 ( 9.0%) |
| Median Home Value | $242,095 |
| Average Home Value | $274,020 |
Housing Distribution
Address Breakdown
Residential
10,756
Single Family
10,207
Multi-Family
549
Businesses
1,078
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