649 E Us Highway 84FairfieldTX75840
Nearby investment properties with comparable rents
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
Total monthly income runs $1,200/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 2.3% with $1,200/mo rent. Return on cash invested shows 1.13% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 3.3% and total cumulative return in cash records $6,793. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1968
27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75840, Fairfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,485 (100%) |
| Owner Occupied HU | 2,213 (63.5%) |
| Renter Occupied HU | 699 (20.1%) |
| Vacant Housing Units | 573 (16.4%) |
| Median Home Value | $217,467 |
| Average Home Value | $271,304 |
Housing Distribution
Address Breakdown
Residential
2,914
Single Family
2,774
Multi-Family
140
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices