6431 Fm 660EnnisTX75119
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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 Ennis at 6431 Fm 660, Ennis, TX, 75119 offers a 3.44% rental yield on a $775,000 purchase with $2,220/mo rent. 57% in year one. Equity gained on principal adds $5,001/yr while 5% annual appreciation supports $214,118 over five years. Portfolio math shows five-year ROI at 21.8% and total cumulative return in cash at $55,579. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $3,793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
11.43 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Housing Distribution
Address Breakdown
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Price History
Date | Event | Price |
|---|---|---|
| 2024-08-08 | Price change | $775,000 |
| 2024-06-10 | Price change | $799,000 |
| 2024-04-01 | Price change | $849,999 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $1475.32 | -38.13% | $294,951 | 24.79% |
| 2022-08-14 | $2384.58 | N/A | $236,353 | -37.35% |
| 2021-08-14 | N/A | N/A | $377,270 | -0.24% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2000
- Architectural Style: Early American,Traditional,Detached
- Building Area: N/A
- Living Area: 2,448 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric, Fireplace(s)
- Cooling: Central Air, Ceiling Fan(s)
- Flooring: Carpet, Laminate
- Interior Features: Built-in Features, Cathedral Ceiling(s), Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, Kitchen Island, Loft, Open Floorplan, Cable TV, Vaulted Ceiling(s), Natural Woodwork, Walk-In Closet(s)
- Exterior Features: Rain Gutters, Storage
- Parking Features: Concrete, Door-Multi, Driveway, Garage Faces Front, Garage, Garage Door Opener, Gravel
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Available, Electricity Connected, Sewer Available, Septic Available, Separate Meters, Water Available, Cable Available
- Sewer: Aerobic Septic, Septic Tank
- Water Source: N/A
- Road Surface Type: Asphalt
School Information
- Elementary School: Travis
- Middle School: N/A
- High School: Ennis
Listed by: Melissa Jones • RE/MAX Arbors
Mls Name: NTREIS
Mls ID: #20537801
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.