118 Rick RdBuffalo GapTX79508
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 Buffalo Gap at 118 Rick Rd, Buffalo Gap, TX, 79508 offers a 9.17% rental yield on a $168,500 purchase with $1,288/mo rent. Total monthly income registers $1,288/mo, and a $825/mo payment leaves $89/mo available for distribution. Annual cash flow reaches $1,074/yr on $55,858 to close, and return on cash invested stands at 21.83% in year one. Equity gained on principal adds $1,087/yr while 5% annual appreciation supports $46,553 over five years. Portfolio math shows five-year ROI at 114.41% and total cumulative return in cash at $63,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,288/mo property income against a $825/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79508, Buffalo Gap, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 586 (100%) |
| Owner Occupied HU | 506 (86.3%) |
| Renter Occupied HU | 49 ( 8.4%) |
| Vacant Housing Units | 31 ( 5.3%) |
| Median Home Value | $358,407 |
| Average Home Value | $394,298 |
Housing Distribution
Address Breakdown
Residential
542
Single Family
542
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Pamela Yungblut • Better Homes & Gardens Real Estate Senter, REALTORS
Mls Name: NTREIS
Mls ID: #21039497