696 County Road 4040EctorTX75439
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
Investment property for sale in Ector at 696 County Road 4040, Ector, TX, 75439 uses $81,184 cash to close to unlock $7,178/yr annual cash flow and $598/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,199/mo payment keeps the spread at $598/mo. Purchase price stands at $244,900, and rental yield measures 11.47% with $2,340/mo rent. Return on cash invested shows 28.75% in year one, and 5% annual appreciation builds toward $67,661 over five years. Five-year ROI reaches 151.51% and total cumulative return in cash records $123,005. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75439, Ector, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 424 (100%) |
| Owner Occupied HU | 253 (59.7%) |
| Renter Occupied HU | 119 (28.1%) |
| Vacant Housing Units | 52 (12.3%) |
| Median Home Value | $175,735 |
| Average Home Value | $211,700 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Williams • Ironsmith Realty, LLC
Mls Name: NTREIS
Mls ID: #20802868
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.