7420 Salerno CtAbileneTX79606
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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 7420 Salerno Ct, Abilene, TX, 79606 offers $3,338/mo rent that, after a $1,532/mo payment, leaves $1,054/mo cash flow. Total monthly income is $3,338/mo, and annual cash flow is $12,642/yr on $103,760 cash. Return on cash invested measures 32.09% in year one, and rental yield stands at 12.8% at a $313,000 entry. Equity gained on principal adds $2,020/yr while 5% annual appreciation compounds into $86,476 by year five. Five-year ROI records 169.65% and total cumulative return in cash reaches $176,029. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,338/mo property income versus a $1,532/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
10,628 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: Lisa Walton • Arnold-REALTORS
Mls Name: NTREIS
Mls ID: #20629239
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.