808 S Central AvePetroliaTX76377
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Petrolia at 808 S Central Ave, Petrolia, TX, 76377 offers a 11.46% rental yield on a $124,900 purchase with $1,193/mo rent. Total monthly income registers $1,193/mo, and a $611/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,662/yr on $41,404 to close, and return on cash invested stands at 28.75% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 151.6% and total cumulative return in cash at $62,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,193/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76377, Petrolia, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 343 (100%) |
| Owner Occupied HU | 215 (62.7%) |
| Renter Occupied HU | 64 (18.7%) |
| Vacant Housing Units | 64 (18.7%) |
| Median Home Value | $98,438 |
| Average Home Value | $119,884 |
Housing Distribution
Address Breakdown
Residential
15
Single Family
15
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: Kirk Harman • Bob Harman Real Estate
Mls Name: WFAR
Mls Provider:
Mls ID: #177934
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