1012 Van Horn StIowa ParkTX76367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Iowa Park at 1012 Van Horn St, Iowa Park, TX, 76367 listed at $197,900 pairs $1,932/mo rent with a $969/mo payment to leave $524/mo cash flow. Total monthly income runs $1,932/mo, and annual cash flow reaches $6,292/yr on $65,604 cash to close. Return on cash invested measures 29.5% in year one, and rental yield registers 11.72% at a $197,900 basis. Equity gained on principal adds $1,277/yr, and annual property appreciation at 5% supports $54,676 by year five. Five-year ROI tracks 155.55% and total cumulative return in cash totals $102,045. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,932/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices