106 S Pacific AveIowa ParkTX76367
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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 Iowa Park at 106 S Pacific Ave, Iowa Park, TX, 76367 priced at $150,000 converts $696/mo rent into after a $734/mo obligation. Total monthly income equals $696/mo. Return on cash invested prints 10.97% in year one, and rental yield reads 5.57% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 56.17% and total cumulative return in cash sums $27,930. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $696/mo property income covering a $734/mo payment, not borrower’s personal income.
Manufactured
Built in 2024
0.30 Acres 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
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