102 S Iowa StShamrockTX79079
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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 Shamrock at 102 S Iowa St, Shamrock, TX, 79079 offers $2,356/mo rent that, after a $808/mo payment, leaves $1,182/mo cash flow. Total monthly income is $2,356/mo, and annual cash flow is $14,187/yr on $54,698 cash. Return on cash invested measures 45.85% in year one, and rental yield stands at 17.13% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 243.21% and total cumulative return in cash reaches $133,031. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,356/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79079, Shamrock, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,354 (100%) |
| Owner Occupied HU | 806 (59.5%) |
| Renter Occupied HU | 218 (16.1%) |
| Vacant Housing Units | 330 (24.4%) |
| Median Home Value | $100,481 |
| Average Home Value | $129,997 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,023
Multi-Family
7
Businesses
176
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Listed by: Judy Campbell • EXP Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #24-5448
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.