1013 School AveSundownTX79372
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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 Sundown at 1013 School Ave, Sundown, TX, 79372 offers $3,077/mo rent that, after a $2,193/mo payment. Total monthly income is $3,077/mo. Return on cash invested measures 19.03% in year one, and rental yield stands at 8.24% at a $448,000 entry. Equity gained on principal adds $2,891/yr while 5% annual appreciation compounds into $123,774 by year five. Five-year ROI records 99.32% and total cumulative return in cash reaches $147,506. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,077/mo property income versus a $2,193/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79372, Sundown, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 478 (100%) |
| Owner Occupied HU | 337 (70.5%) |
| Renter Occupied HU | 80 (16.7%) |
| Vacant Housing Units | 61 (12.8%) |
| Median Home Value | $124,085 |
| Average Home Value | $182,730 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
55
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Listed by: Aubrey Hines • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552324
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.