718 E North 11th StAbileneTX79601
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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 718 E North 11th St, Abilene, TX, 79601 generates $1,119/mo in rent and, after a $563/mo payment, leaves $301/mo in cash flow. Total monthly income is $1,119/mo, and annual cash flow is $3,613/yr on $38,123 invested. Return on cash invested sits at 29.39% in year one, and rental yield is 11.68% on a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 155.02% and total cumulative return in cash sums $59,097. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,119/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
8,668 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79601, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 4,022 (40.1%) |
| Renter Occupied HU | 4,473 (44.6%) |
| Vacant Housing Units | 1,524 (15.2%) |
| Median Home Value | $209,714 |
| Average Home Value | $215,167 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
7,540
Multi-Family
1,163
Businesses
1,084
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