808 S Highway 14WorthamTX76693
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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 Wortham at 808 S Highway 14, Wortham, TX, 76693 generates $2,131/mo in rent, after a $1,566/mo payment. Total monthly income is $2,131/mo. Return on cash invested sits at 18.28% in year one, and rental yield is 7.99% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 95.31% and total cumulative return in cash sums $101,072. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,131/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76693, Wortham, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 915 (100%) |
| Owner Occupied HU | 559 (61.1%) |
| Renter Occupied HU | 211 (23.1%) |
| Vacant Housing Units | 145 (15.8%) |
| Median Home Value | $200,610 |
| Average Home Value | $256,328 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
50
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Listed by: Mitzi Eves • Coldwell Banker Realty
Mls Name: NTREIS
Mls ID: #21035094
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.