806 Edgewood StWolfe CityTX75496
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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 Wolfe City at 806 Edgewood St, Wolfe City, TX, 75496 priced at $174,900 converts $2,386/mo rent into $1,142/mo cash flow after a $856/mo obligation. Total monthly income equals $2,386/mo, and annual cash flow totals $13,708/yr on $57,979 invested. Return on cash invested prints 43.55% in year one, and rental yield reads 16.37% against a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,322 by year five. Five-year ROI reaches 230.9% and total cumulative return in cash sums $133,872. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,386/mo property income covering a $856/mo payment, not borrower’s personal income.
Single Family
Built in 1975
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75496, Wolfe City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,591 (100%) |
| Owner Occupied HU | 1,101 (69.2%) |
| Renter Occupied HU | 332 (20.9%) |
| Vacant Housing Units | 158 ( 9.9%) |
| Median Home Value | $280,500 |
| Average Home Value | $457,754 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,369
Multi-Family
0
Businesses
82
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Listed by: Dominique Horn • Regal, REALTORS
Mls Name: NTREIS
Mls ID: #20709343
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.