807 E Fm 489BuffaloTX75831
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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 Buffalo at 807 E Fm 489, Buffalo, TX, 75831 generates $990/mo in rent, after a $4,772/mo payment. Total monthly income is $990/mo. Return on cash invested sits at -2.17% in year one, and rental yield is 1.22% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $990/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
3.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75831, Buffalo, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,584 (100%) |
| Owner Occupied HU | 1,551 (60.0%) |
| Renter Occupied HU | 474 (18.3%) |
| Vacant Housing Units | 559 (21.6%) |
| Median Home Value | $159,297 |
| Average Home Value | $222,984 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,727
Multi-Family
0
Businesses
222
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