1203 S Date 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 1203 S Date St, Plainview, TX, 79072 generates $1,744/mo in rent, after a $3,426/mo payment. Total monthly income is $1,744/mo. Return on cash invested sits at 3.21% in year one, and rental yield is 2.99% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 14.49% and total cumulative return in cash sums $33,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,744/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.81 Acres 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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