








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Stephenville at 981 N Stephen Ave, Stephenville, TX, 76401 listed at $249,900 pairs $1,920/mo rent with a $1,223/mo payment to leave $143/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $1,717/yr on $82,842 cash to close. Return on cash invested measures 21.98% in year one, and rental yield registers 9.22% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 115.22% and total cumulative return in cash totals $95,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,272 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76401, Stephenville, TX area.
| 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 |
Residential
12,970
Single Family
12,078
Multi-Family
892
Businesses
1,377
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Listed for sale | $249,900 |
| 2021-12-29 | Sold | N/A |
| 2021-11-24 | Contingent | $183,700 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $191,380 | 9.69% |
| 2023-02-13 | $2054.76 | -21.03% | $174,470 | 11.75% |
| 2022-02-13 | $2601.91 | 16.78% | $156,130 | 28.28% |



Listed by: Mechelle Tyler • Jake Link Properties, LLC
Mls Name: NTREIS
Mls ID: #20836898
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