850 Main StTurkeyTX79261
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Turkey at 850 Main St, Turkey, TX, 79261 offers $1,900/mo rent that, after a $2,100/mo payment. Total monthly income is $1,900/mo. Return on cash invested measures 10.2% in year one, and rental yield stands at 5.31% at a $429,000 entry. Equity gained on principal adds $2,768/yr while 5% annual appreciation compounds into $118,525 by year five. Five-year ROI records 52% and total cumulative return in cash reaches $73,945. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,900/mo property income versus a $2,100/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79261, Turkey, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 299 (100%) |
| Owner Occupied HU | 146 (48.8%) |
| Renter Occupied HU | 25 ( 8.4%) |
| Vacant Housing Units | 128 (42.8%) |
| Median Home Value | $91,818 |
| Average Home Value | $108,990 |
Housing Distribution
Address Breakdown
Residential
103
Single Family
103
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cayson George • Western Heritage Realty & Investments
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5686
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.