County Road 17FollettTX79034
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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 Follett at County Road 17, Follett, TX, 79034 earns $318/mo cash flow from $1,691/mo rent with a $945/mo payment. Total monthly income totals $1,691/mo, and annual cash flow totals $3,818/yr on $63,980 capital. ROI tracks 25.88% on current figures, and rental yield reads 10.51% at a $193,000 purchase. Equity gained on principal adds $1,245/yr, and 5% annual appreciation supports $53,322 over five years. Five-year ROI reaches 136.1% and total cumulative return in cash sums $87,078. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,691/mo property income instead of your personal income.
Lot
Built in N/A
161 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79034, Follett, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 314 (100%) |
| Owner Occupied HU | 184 (58.6%) |
| Renter Occupied HU | 47 (15.0%) |
| Vacant Housing Units | 83 (26.4%) |
| Median Home Value | $116,406 |
| Average Home Value | $184,334 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
28
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