1105 W 2nd AveWhite DeerTX79097
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
Investment property for sale in White Deer at 1105 W 2nd Ave, White Deer, TX, 79097 uses $39,780 cash to close to unlock $11,568/yr annual cash flow and $964/mo monthly cash flow. Total monthly income runs $1,817/mo, and a $587/mo payment keeps the spread at $964/mo. Purchase price stands at $120,000, and rental yield measures 18.17% with $1,817/mo rent. Return on cash invested shows 48.99% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 259.99% and total cumulative return in cash records $103,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,817/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1935
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79097, White Deer, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 363 (68.6%) |
| Renter Occupied HU | 78 (14.7%) |
| Vacant Housing Units | 88 (16.6%) |
| Median Home Value | $192,905 |
| Average Home Value | $190,888 |
Housing Distribution
Address Breakdown
Residential
42
Single Family
42
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Josh • Central Metro Realty
Mls Name: NTREIS
Mls ID: #20925490
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.