6909 Phoenix DrAbileneTX79606
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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
Rental property for sale in Abilene at 6909 Phoenix Dr, Abilene, TX, 79606 priced at $339,720 converts $2,562/mo rent into $110/mo cash flow after a $1,663/mo obligation. Total monthly income equals $2,562/mo, and annual cash flow totals $1,323/yr on $112,617 invested. Return on cash invested prints 21.08% in year one, and rental yield reads 9.05% against a $339,720 entry. Equity gained on principal adds $2,192/yr, while 5% annual appreciation compiles into $93,858 by year five. Five-year ROI reaches 110.52% and total cumulative return in cash sums $124,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,562/mo property income covering a $1,663/mo payment, not borrower’s personal income.
Single Family
Built in 2023
6,621 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79606, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,876 (100%) |
| Owner Occupied HU | 7,264 (52.3%) |
| Renter Occupied HU | 5,508 (39.7%) |
| Vacant Housing Units | 1,104 ( 8.0%) |
| Median Home Value | $276,245 |
| Average Home Value | $311,864 |
Housing Distribution
Address Breakdown
Residential
13,702
Single Family
10,096
Multi-Family
3,606
Businesses
709
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Listed by: Aaron Jistel • Listing Spark
Mls Name: NTREIS
Mls ID: #20418770
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.