822 S Preston RdBurkburnettTX76354
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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 Burkburnett at 822 S Preston Rd, Burkburnett, TX, 76354 offers $1,934/mo rent that, after a $978/mo payment, leaves $513/mo cash flow. Total monthly income is $1,934/mo, and annual cash flow is $6,155/yr on $66,267 cash. Return on cash invested measures 29.2% in year one, and rental yield stands at 11.61% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 153.85% and total cumulative return in cash reaches $101,953. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,934/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76354, Burkburnett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,943 (100%) |
| Owner Occupied HU | 3,095 (62.6%) |
| Renter Occupied HU | 1,444 (29.2%) |
| Vacant Housing Units | 404 ( 8.2%) |
| Median Home Value | $210,141 |
| Average Home Value | $238,553 |
Housing Distribution
Address Breakdown
Residential
4,783
Single Family
4,554
Multi-Family
229
Businesses
297
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Listed by: KIM ROARK • Texas Real Estate Executives
Mls Name: WFAR
Mls ID: #180715