1009 W Louisa AveIowa ParkTX76367
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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 Iowa Park at 1009 W Louisa Ave, Iowa Park, TX, 76367 priced at $278,000 pairs $2,189/mo rent with $212/mo cash flow after a $1,361/mo payment. Total monthly income equals $2,189/mo, and annual cash flow comes to $2,541/yr on $92,157 invested. Return on cash invested is 22.67% in year one, and rental yield stands at 9.45% on a $278,000 basis. Equity gained on principal adds $1,794/yr, and 5% annual appreciation accumulates to $76,806 by year five. Five-year ROI measures 118.85% and total cumulative return in cash reaches $109,529. For financing, Ziffy Mortgage’s DSCR program evaluates $2,189/mo property income against a $1,361/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76367, Iowa Park, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,226 (100%) |
| Owner Occupied HU | 3,191 (75.5%) |
| Renter Occupied HU | 771 (18.2%) |
| Vacant Housing Units | 264 ( 6.2%) |
| Median Home Value | $192,809 |
| Average Home Value | $217,260 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
4,054
Multi-Family
18
Businesses
253
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