1007 Beard AveDumasTX79029
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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 1007 Beard Ave, Dumas, TX, 79029 uses $41,438 cash to close to unlock $6,239/yr annual cash flow and $520/mo monthly cash flow. Total monthly income runs $1,409/mo, and a $612/mo payment keeps the spread at $520/mo. Purchase price stands at $125,000, and rental yield measures 13.53% with $1,409/mo rent. Return on cash invested shows 34.97% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 184.77% and total cumulative return in cash records $76,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,409/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1966
7,405 sqft 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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