102 N State Highway 70BlackwellTX79506
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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 Blackwell at 102 N State Highway 70, Blackwell, TX, 79506 listed at $152,000 pairs $2,719/mo rent with a $744/mo payment to leave $1,618/mo cash flow. Total monthly income runs $2,719/mo, and annual cash flow reaches $19,412/yr on $50,388 cash to close. Return on cash invested measures 58.43% in year one, and rental yield registers 21.47% at a $152,000 basis. Equity gained on principal adds $981/yr, and annual property appreciation at 5% supports $41,995 by year five. Five-year ROI tracks 310.86% and total cumulative return in cash totals $156,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,719/mo property income relative to a $744/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79506, Blackwell, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 610 (100%) |
| Owner Occupied HU | 294 (48.2%) |
| Renter Occupied HU | 54 ( 8.9%) |
| Vacant Housing Units | 262 (43.0%) |
| Median Home Value | $162,500 |
| Average Home Value | $240,995 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
20
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Listed by: Charlen Glidden • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20565676
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.