814 N Ollie St, Stephenville, TX, 76401 | 7.22% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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814 N Ollie St, Stephenville, TX, 76401 | 7.22% Rental Yield | Ziffy

For Sale

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Stephenville at 814 N Ollie St, Stephenville, TX, 76401 priced at $225,000 pairs $1,354/mo rent with after a $1,101/mo payment. Total monthly income equals $1,354/mo. Return on cash invested is 15.96% in year one, and rental yield stands at 7.22% on a $225,000 basis. Equity gained on principal adds $1,452/yr, and 5% annual appreciation accumulates to $62,163 by year five. Five-year ROI measures 82.88% and total cumulative return in cash reaches $61,821. For financing, Ziffy Mortgage’s DSCR program evaluates $1,354/mo property income against a $1,101/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1940

6,926 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Craftsman Near Tarleton State Walk to Campus! Full of character and ideally located, this 2 bedroom, 1 bath Craftsman-style home is just a short walk from the Tarleton State University campus. Built in 1940, this home blends timeless charm with modern convenience, making it perfect for anyone looking to enjoy the best of college living. Situated on a corner lot with covered parking, the home offers an inviting front porch and classic architectural details. Inside, you'll find a cozy layout with an eat-in kitchen, original touches, and a warm, welcoming atmosphere. A converted attic space adds a bonus area thats ideal for a home office, study nook, or guest overflow. Enjoy the ease of walkability to class, restaurants, shopping, and schools all just steps from your front door. Whether you're a first time buyer, downsizing, or seeking a rental investment, this gem offers comfort, convenience, and plenty of personality. Dont miss this opportunity to own a piece of Stephenville charm in one of its most walkable, university adjacent neighborhoods!

Neighborhood Data

Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,869 (100%)
Owner Occupied HU	6,585 (47.5%)
Renter Occupied HU	5,603 (40.4%)
Vacant Housing Units	1,681 (12.1%)
Median Home Value	$287,815
Average Home Value	$397,085