8013 Fm 1518SomersetTX78069
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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 Somerset at 8013 Fm 1518, Somerset, TX, 78069 uses $115,694 cash to close to unlock $341/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $2,510/mo, and a $1,708/mo payment keeps the spread at $28/mo. Purchase price stands at $349,000, and rental yield measures 8.63% with $2,510/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 105.65% and total cumulative return in cash records $122,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,510/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1955
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78069, Somerset, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,293 (100%) |
| Owner Occupied HU | 1,639 (71.5%) |
| Renter Occupied HU | 435 (19.0%) |
| Vacant Housing Units | 219 ( 9.6%) |
| Median Home Value | $236,801 |
| Average Home Value | $263,127 |
Housing Distribution
Address Breakdown
Residential
1,702
Single Family
1,702
Multi-Family
0
Businesses
123
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