118 Bailey AveDumasTX79029
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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 Dumas at 118 Bailey Ave, Dumas, TX, 79029 at $249,000 posts ROI 24.38% with $308/mo cash flow from $2,195/mo rent. Total monthly income equals $2,195/mo, and annual cash flow records $3,694/yr on $82,544 to close. Return on cash invested measures 24.38% and rental yield reads 10.58% at the current $249,000. Equity gained on principal adds $1,607/yr, and 5% annual appreciation supports $68,794 by year five. Five-year ROI prints 128.67% and total cumulative return in cash totals $106,208.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,195/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79029, Dumas, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,446 (100%) |
| Owner Occupied HU | 3,800 (59.0%) |
| Renter Occupied HU | 1,929 (29.9%) |
| Vacant Housing Units | 717 (11.1%) |
| Median Home Value | $161,628 |
| Average Home Value | $192,270 |
Housing Distribution
Address Breakdown
Residential
5,601
Single Family
5,469
Multi-Family
132
Businesses
639
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Listed by: Virginia Mares • Fathom Realty, LLC
Mls Name: AMMLS
Mls Provider:
Mls ID: #25-5376
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.