1003 School AveSundownTX79372
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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 Sundown at 1003 School Ave, Sundown, TX, 79372 priced at $178,900 converts $3,349/mo rent into $2,076/mo cash flow after a $876/mo obligation. Total monthly income equals $3,349/mo, and annual cash flow totals $24,917/yr on $59,305 invested. Return on cash invested prints 61.92% in year one, and rental yield reads 22.46% against a $178,900 entry. Equity gained on principal adds $1,154/yr, while 5% annual appreciation compiles into $49,427 by year five. Five-year ROI reaches 329.41% and total cumulative return in cash sums $195,355. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,349/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79372, Sundown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 337 (70.5%) |
| Renter Occupied HU | 80 (16.7%) |
| Vacant Housing Units | 61 (12.8%) |
| Median Home Value | $124,085 |
| Average Home Value | $182,730 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
55
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Listed by: Freddie Marmolejo • Realty Connect Group
Mls Name: LBMLS
Mls Provider:
Mls ID: #202317685
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.