902 E Burnside StRotanTX79546
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 Rotan at 902 E Burnside St, Rotan, TX, 79546 priced at $259,000 converts $1,823/mo rent into after a $1,268/mo obligation. Total monthly income equals $1,823/mo. Return on cash invested prints 19.64% in year one, and rental yield reads 8.45% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 102.62% and total cumulative return in cash sums $88,108. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,823/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1960
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79546, Rotan, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,024 (100%) |
| Owner Occupied HU | 556 (54.3%) |
| Renter Occupied HU | 189 (18.5%) |
| Vacant Housing Units | 279 (27.2%) |
| Median Home Value | $70,667 |
| Average Home Value | $140,508 |
Housing Distribution
Address Breakdown
Residential
778
Single Family
778
Multi-Family
0
Businesses
77
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices