1201 NW 8th StAndrewsTX79714
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 Andrews at 1201 NW 8th St, Andrews, TX, 79714 uses $104,423 cash to close to unlock $1,197/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,542/mo payment keeps the spread at $100/mo. Purchase price stands at $315,000, and rental yield measures 8.91% with $2,340/mo rent. Return on cash invested shows 21.06% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash records $115,073. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1959
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79714, Andrews, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,273 (100%) |
| Owner Occupied HU | 4,822 (66.3%) |
| Renter Occupied HU | 1,690 (23.2%) |
| Vacant Housing Units | 761 (10.5%) |
| Median Home Value | $230,372 |
| Average Home Value | $261,570 |
Housing Distribution
Address Breakdown
Residential
6,262
Single Family
6,095
Multi-Family
167
Businesses
767
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices