1004 E 7th StDumasTX79029
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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 Dumas at 1004 E 7th St, Dumas, TX, 79029 offers a 9.51% rental yield on a $185,000 purchase with $1,466/mo rent. Total monthly income registers $1,466/mo, and a $905/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,811/yr on $61,328 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 119.85% and total cumulative return in cash at $73,503. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,466/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79029, Dumas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,800 (59.0%) |
| Renter Occupied HU | 1,929 (29.9%) |
| Vacant Housing Units | 717 (11.1%) |
| Median Home Value | $161,628 |
| Average Home Value | $192,270 |
Housing Distribution
Address Breakdown
Residential
5,601
Single Family
5,469
Multi-Family
132
Businesses
639
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Listed by: Janet Walker • Berkshire Hathaway HomeServices Premier Properties
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-6838
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.