8617 N Us Highway 283AlbanyTX76430
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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 Albany at 8617 N Us Highway 283, Albany, TX, 76430 offers a 6.63% rental yield on a $357,500 purchase with $1,975/mo rent. 16% in year one. Equity gained on principal adds $2,307/yr while 5% annual appreciation supports $98,771 over five years. Portfolio math shows five-year ROI at 73.25% and total cumulative return in cash at $86,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,975/mo property income against a $1,750/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76430, Albany, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,189 (100%) |
| Owner Occupied HU | 794 (66.8%) |
| Renter Occupied HU | 192 (16.1%) |
| Vacant Housing Units | 203 (17.1%) |
| Median Home Value | $235,437 |
| Average Home Value | $242,179 |
Housing Distribution
Address Breakdown
Residential
600
Single Family
600
Multi-Family
0
Businesses
165
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Listed by: Jeannine Herrington • H Bar Realty
Mls Name: NTREIS
Mls ID: #20764926
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.