980 Ragon RdHarletonTX75651
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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
Rental property for sale in Harleton at 980 Ragon Rd, Harleton, TX, 75651 priced at $1,650,000 pairs $2,455/mo rent with after a $8,076/mo payment. Total monthly income equals $2,455/mo. Return on cash invested is -0.46% in year one, and rental yield stands at 1.79% on a $1,650,000 basis. Equity gained on principal adds $10,647/yr, and 5% annual appreciation accumulates to $455,865 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $2,455/mo property income against a $8,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75651, Harleton, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 996 (100%) |
| Owner Occupied HU | 744 (74.7%) |
| Renter Occupied HU | 128 (12.9%) |
| Vacant Housing Units | 124 (12.4%) |
| Median Home Value | $249,038 |
| Average Home Value | $222,335 |
Housing Distribution
Address Breakdown
Residential
784
Single Family
784
Multi-Family
0
Businesses
65
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