7 Turnberry CirAbileneTX79606
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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 7 Turnberry Cir, Abilene, TX, 79606 priced at $1,500,000 converts $5,020/mo rent into after a $7,342/mo obligation. Total monthly income equals $5,020/mo. Return on cash invested prints 6.4% in year one, and rental yield reads 4.02% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 31.56% and total cumulative return in cash sums $153,371. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,020/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.69 Acres lot
$N/A/sqft
$120 annually 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: Peggy Manning • Better Homes & Gardens Real Estate Senter, REALTORS
Mls Name: NTREIS
Mls ID: #20719309
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.