1010 Fagan RdSnyderTX79549
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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 Snyder at 1010 Fagan Rd, Snyder, TX, 79549 generates $2,236/mo in rent, after a $3,304/mo payment. Total monthly income is $2,236/mo. Return on cash invested sits at 5.99% in year one, and rental yield is 3.98% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 29.48% and total cumulative return in cash sums $65,463. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,236/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
3 Acres lot
$N/A/sqft
$475 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79549, Snyder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,292 (100%) |
| Owner Occupied HU | 3,880 (61.7%) |
| Renter Occupied HU | 1,457 (23.2%) |
| Vacant Housing Units | 955 (15.2%) |
| Median Home Value | $136,078 |
| Average Home Value | $190,475 |
Housing Distribution
Address Breakdown
Residential
5,727
Single Family
5,312
Multi-Family
415
Businesses
527
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Listed by: Jeremias Torres • Lubbock Discount Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202558888
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.