889 Beech StAbileneTX79601
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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 Abilene at 889 Beech St, Abilene, TX, 79601 uses $41,404 cash to close to unlock $9,410/yr annual cash flow and $784/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $611/mo payment keeps the spread at $784/mo. Purchase price stands at $124,900, and rental yield measures 16.06% with $1,672/mo rent. Return on cash invested shows 42.64% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 226.06% and total cumulative return in cash records $93,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1941
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79601, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,019 (100%) |
| Owner Occupied HU | 4,022 (40.1%) |
| Renter Occupied HU | 4,473 (44.6%) |
| Vacant Housing Units | 1,524 (15.2%) |
| Median Home Value | $209,714 |
| Average Home Value | $215,167 |
Housing Distribution
Address Breakdown
Residential
8,703
Single Family
7,540
Multi-Family
1,163
Businesses
1,084
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