845 WashingtonOaklandTX78951
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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 Oakland at 845 Washington, Oakland, TX, 78951 listed at $125,000 pairs $1,589/mo rent with a $612/mo payment to leave $700/mo cash flow. Total monthly income runs $1,589/mo, and annual cash flow reaches $8,399/yr on $41,438 cash to close. Return on cash invested measures 40.18% in year one, and rental yield registers 15.25% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 212.75% and total cumulative return in cash totals $88,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,589/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 78951, Oakland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6 (100%) |
| Owner Occupied HU | 5 (83.3%) |
| Renter Occupied HU | 1 (16.7%) |
| Vacant Housing Units | 0 |
| Median Home Value | $1,083,333 |
| Average Home Value | $835,000 |
Housing Distribution
Address Breakdown
Residential
23
Single Family
23
Multi-Family
0
Businesses
2
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Listed by: James Prichard • HomeLand Properties, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #26462661
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