6507 Fm 1086WingateTX79566
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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 Wingate at 6507 Fm 1086, Wingate, TX, 79566 uses $56,355 cash to close to unlock $4,526/yr annual cash flow and $377/mo monthly cash flow. Total monthly income runs $1,586/mo, and a $832/mo payment keeps the spread at $377/mo. Purchase price stands at $170,000, and rental yield measures 11.2% with $1,586/mo rent. Return on cash invested shows 27.94% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 147.2% and total cumulative return in cash records $82,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,586/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2020
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79566, Wingate, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 163 (100%) |
| Owner Occupied HU | 106 (65.0%) |
| Renter Occupied HU | 11 ( 6.7%) |
| Vacant Housing Units | 46 (28.2%) |
| Median Home Value | $240,741 |
| Average Home Value | $342,783 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
109
Multi-Family
0
Businesses
9
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