1200 Park AvePanhandleTX79068
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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 Panhandle at 1200 Park Ave, Panhandle, TX, 79068 earns $206/mo cash flow from $1,891/mo rent with a $1,160/mo payment. Total monthly income totals $1,891/mo, and annual cash flow totals $2,468/yr on $78,566 capital. ROI tracks 23.05% on current figures, and rental yield reads 9.57% at a $237,000 purchase. Equity gained on principal adds $1,529/yr, and 5% annual appreciation supports $65,479 over five years. Five-year ROI reaches 120.92% and total cumulative return in cash sums $95,000. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,891/mo property income instead of your personal income.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79068, Panhandle, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 978 (70.9%) |
| Renter Occupied HU | 259 (18.8%) |
| Vacant Housing Units | 142 (10.3%) |
| Median Home Value | $178,728 |
| Average Home Value | $177,689 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
99
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