981 N Garfield AveStephenvilleTX76401
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 Stephenville at 981 N Garfield Ave, Stephenville, TX, 76401 generates $2,531/mo in rent and, after a $1,591/mo payment, leaves $220/mo in cash flow. Total monthly income is $2,531/mo, and annual cash flow is $2,635/yr on $107,738 invested. Return on cash invested sits at 22.35% in year one, and rental yield is 9.35% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 117.17% and total cumulative return in cash sums $126,241. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,531/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
7,710 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,869 (100%) |
| Owner Occupied HU | 6,585 (47.5%) |
| Renter Occupied HU | 5,603 (40.4%) |
| Vacant Housing Units | 1,681 (12.1%) |
| Median Home Value | $287,815 |
| Average Home Value | $397,085 |
Housing Distribution
Address Breakdown
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Richmond • R-Texas Real Estate
Mls Name: NTREIS
Mls ID: #21030177