1103 Estacado StHerefordTX79045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hereford at 1103 Estacado St, Hereford, TX, 79045 priced at $202,400 converts $2,153/mo rent into $654/mo cash flow after a $991/mo obligation. Total monthly income equals $2,153/mo, and annual cash flow totals $7,854/yr on $67,096 invested. Return on cash invested prints 31.61% in year one, and rental yield reads 12.76% against a $202,400 entry. Equity gained on principal adds $1,306/yr, while 5% annual appreciation compiles into $55,919 by year five. Five-year ROI reaches 167.23% and total cumulative return in cash sums $112,205. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,153/mo property income covering a $991/mo payment, not borrower’s personal income.
Single Family
Built in N/A
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79045, Hereford, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,047 (100%) |
| Owner Occupied HU | 4,033 (57.2%) |
| Renter Occupied HU | 2,262 (32.1%) |
| Vacant Housing Units | 752 (10.7%) |
| Median Home Value | $125,034 |
| Average Home Value | $177,837 |
Housing Distribution
Address Breakdown
Residential
6,507
Single Family
6,198
Multi-Family
309
Businesses
789
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices