105 Fannin AveLevellandTX79336
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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 Levelland at 105 Fannin Ave, Levelland, TX, 79336 uses $87,848 cash to close to unlock $127/yr annual cash flow and $11/mo monthly cash flow. Total monthly income runs $1,895/mo, and a $1,297/mo payment keeps the spread at $11/mo. Purchase price stands at $265,000, and rental yield measures 8.58% with $1,895/mo rent. Return on cash invested shows 20.05% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 104.84% and total cumulative return in cash records $92,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,895/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 2001
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79336, Levelland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,131 (100%) |
| Owner Occupied HU | 4,343 (60.9%) |
| Renter Occupied HU | 1,773 (24.9%) |
| Vacant Housing Units | 1,015 (14.2%) |
| Median Home Value | $147,185 |
| Average Home Value | $220,218 |
Housing Distribution
Address Breakdown
Residential
6,490
Single Family
6,371
Multi-Family
119
Businesses
643
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Listed by: Michael Stueart • Paxton Real Estate
Mls Name: LBMLS
Mls Provider:
Mls ID: #202405890
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.