701 Matthews AveAlbanyTX76430
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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 Albany at 701 Matthews Ave, Albany, TX, 76430 priced at $200,000 converts $1,840/mo rent into $418/mo cash flow after a $979/mo obligation. Total monthly income equals $1,840/mo, and annual cash flow totals $5,012/yr on $66,300 invested. Return on cash invested prints 27.47% in year one, and rental yield reads 11.04% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 144.59% and total cumulative return in cash sums $95,864. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,840/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 2013
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76430, Albany, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 794 (66.8%) |
| Renter Occupied HU | 192 (16.1%) |
| Vacant Housing Units | 203 (17.1%) |
| Median Home Value | $235,437 |
| Average Home Value | $242,179 |
Housing Distribution
Address Breakdown
Residential
600
Single Family
600
Multi-Family
0
Businesses
165
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