928 Forrest AveAbileneTX79603
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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 928 Forrest Ave, Abilene, TX, 79603 listed at $164,900 pairs $1,274/mo rent with a $807/mo payment to leave $101/mo cash flow. Total monthly income runs $1,274/mo, and annual cash flow reaches $1,218/yr on $54,664 cash to close. Return on cash invested measures 22.14% in year one, and rental yield registers 9.27% at a $164,900 basis. Equity gained on principal adds $1,064/yr, and annual property appreciation at 5% supports $45,559 by year five. Five-year ROI tracks 116.07% and total cumulative return in cash totals $63,448. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,274/mo property income relative to a $807/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79603, Abilene, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,937 (100%) |
| Owner Occupied HU | 5,408 (54.4%) |
| Renter Occupied HU | 3,482 (35.0%) |
| Vacant Housing Units | 1,047 (10.5%) |
| Median Home Value | $137,272 |
| Average Home Value | $205,671 |
Housing Distribution
Address Breakdown
Residential
8,987
Single Family
8,346
Multi-Family
641
Businesses
626
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Listed by: Peggy Manning • Better Homes & Gardens Real Estate Senter, REALTORS
Mls Name: NTREIS
Mls ID: #20781381
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.