801 S Washington AveAspermontTX79502
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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
Investment property for sale in Aspermont at 801 S Washington Ave, Aspermont, TX, 79502 offers a 14.39% rental yield on a $174,900 purchase with $2,098/mo rent. Total monthly income registers $2,098/mo, and a $856/mo payment leaves $854/mo available for distribution. Annual cash flow reaches $10,252/yr on $57,979 to close, and return on cash invested stands at 37.59% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 198.92% and total cumulative return in cash at $115,332. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,098/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79502, Aspermont, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 745 (100%) |
| Owner Occupied HU | 398 (53.4%) |
| Renter Occupied HU | 87 (11.7%) |
| Vacant Housing Units | 260 (34.9%) |
| Median Home Value | $58,571 |
| Average Home Value | $88,210 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
85
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Listed by: Lisa Terrell • Ekdahl-Nelson Real Estate STAM
Mls Name: NTREIS
Mls ID: #20567934
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.