842 Glendale DrAbileneTX79603
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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 Abilene at 842 Glendale Dr, Abilene, TX, 79603 priced at $200,000 converts $1,586/mo rent into $164/mo cash flow after a $979/mo obligation. Total monthly income equals $1,586/mo, and annual cash flow totals $1,964/yr on $66,300 invested. Return on cash invested prints 22.87% in year one, and rental yield reads 9.52% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 119.96% and total cumulative return in cash sums $79,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,586/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1957
10,715 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79603, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 5,408 (54.4%) |
| Renter Occupied HU | 3,482 (35.0%) |
| Vacant Housing Units | 1,047 (10.5%) |
| Median Home Value | $137,272 |
| Average Home Value | $205,671 |
Housing Distribution
Address Breakdown
Residential
8,987
Single Family
8,346
Multi-Family
641
Businesses
626
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