1209 Vine StColorado CityTX79512
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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 Colorado City at 1209 Vine St, Colorado City, TX, 79512 priced at $299,000 converts $810/mo rent into after a $1,463/mo obligation. Total monthly income equals $810/mo. Return on cash invested prints 3.98% in year one, and rental yield reads 3.25% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 18.65% and total cumulative return in cash sums $18,490. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $810/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79512, Colorado City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,090 (100%) |
| Owner Occupied HU | 1,639 (53.0%) |
| Renter Occupied HU | 678 (21.9%) |
| Vacant Housing Units | 773 (25.0%) |
| Median Home Value | $93,548 |
| Average Home Value | $164,599 |
Housing Distribution
Address Breakdown
Residential
2,490
Single Family
2,490
Multi-Family
0
Businesses
293
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Listed by: Doug Neff • Neff's Mesquite Ridge Realty
Mls Name: PBBR
Mls ID: #50071618