1006 W 6th StMuleshoeTX79347
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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 Muleshoe at 1006 W 6th St, Muleshoe, TX, 79347 offers a 9.52% rental yield on a $167,900 purchase with $1,332/mo rent. Total monthly income registers $1,332/mo, and a $822/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $880/yr on $55,659 to close, and return on cash invested stands at 21.49% in year one. Equity gained on principal adds $1,083/yr while 5% annual appreciation supports $46,388 over five years. Portfolio math shows five-year ROI at 113.12% and total cumulative return in cash at $62,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,332/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79347, Muleshoe, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,915 (100%) |
| Owner Occupied HU | 1,647 (56.5%) |
| Renter Occupied HU | 860 (29.5%) |
| Vacant Housing Units | 408 (14.0%) |
| Median Home Value | $117,323 |
| Average Home Value | $192,347 |
Housing Distribution
Address Breakdown
Residential
2,569
Single Family
2,519
Multi-Family
50
Businesses
339
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Listed by: Patty Hartline • Prime Home Real Estate LLC
Mls Name: LBMLS
Mls Provider:
Mls ID: #202553584
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.