809 N 6th StBallingerTX76821
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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 Ballinger at 809 N 6th St, Ballinger, TX, 76821 earns $154/mo cash flow from $1,360/mo rent with a $830/mo payment. Total monthly income totals $1,360/mo, and annual cash flow totals $1,851/yr on $56,189 capital. ROI tracks 23.2% on current figures, and rental yield reads 9.63% at a $169,500 purchase. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,830 over five years. Five-year ROI reaches 121.81% and total cumulative return in cash sums $68,444. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,360/mo property income instead of your personal income.
Single Family
Built in 1945
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76821, Ballinger, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,384 (60.6%) |
| Renter Occupied HU | 427 (18.7%) |
| Vacant Housing Units | 472 (20.7%) |
| Median Home Value | $115,526 |
| Average Home Value | $148,624 |
Housing Distribution
Address Breakdown
Residential
1,943
Single Family
1,921
Multi-Family
22
Businesses
283
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