1202 W 21st StPlainviewTX79072
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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 Plainview at 1202 W 21st St, Plainview, TX, 79072 generates $3,191/mo in rent and, after a $661/mo payment, leaves $2,231/mo in cash flow. Total monthly income is $3,191/mo, and annual cash flow is $26,769/yr on $44,753 invested. Return on cash invested sits at 79.72% in year one, and rental yield is 28.36% on a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 424.84% and total cumulative return in cash sums $190,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,191/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
8,232 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79072, Plainview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,330 (100%) |
| Owner Occupied HU | 5,531 (53.5%) |
| Renter Occupied HU | 3,249 (31.5%) |
| Vacant Housing Units | 1,550 (15.0%) |
| Median Home Value | $127,117 |
| Average Home Value | $173,343 |
Housing Distribution
Address Breakdown
Residential
8,773
Single Family
8,193
Multi-Family
580
Businesses
777
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Listed by: Dylan Flores • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202411104
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.