1110 S Cedar StBrownfieldTX79316
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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 Brownfield at 1110 S Cedar St, Brownfield, TX, 79316 priced at $115,000 converts $885/mo rent into after a $563/mo obligation. Total monthly income equals $885/mo. Return on cash invested prints 18.67% in year one, and rental yield reads 9.23% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 98.67% and total cumulative return in cash sums $37,617. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $885/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1972
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79316, Brownfield, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,297 (100%) |
| Owner Occupied HU | 2,421 (56.3%) |
| Renter Occupied HU | 1,153 (26.8%) |
| Vacant Housing Units | 723 (16.8%) |
| Median Home Value | $114,933 |
| Average Home Value | $142,074 |
Housing Distribution
Address Breakdown
Residential
3,805
Single Family
3,610
Multi-Family
195
Businesses
440
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Listed by: Chris Brooks • Exit Realty of Lubbock
Mls Name: LBMLS
Mls Provider:
Mls ID: #202552556
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.