1212 8th StSnyderTX79549
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
Rental property for sale in Snyder at 1212 8th St, Snyder, TX, 79549 priced at $141,000 converts $2,808/mo rent into $1,805/mo cash flow after a $690/mo obligation. Total monthly income equals $2,808/mo, and annual cash flow totals $21,665/yr on $46,742 invested. Return on cash invested prints 66.26% in year one, and rental yield reads 23.9% against a $141,000 entry. Equity gained on principal adds $910/yr, while 5% annual appreciation compiles into $38,956 by year five. Five-year ROI reaches 352.65% and total cumulative return in cash sums $164,832. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,808/mo property income covering a $690/mo payment, not borrower’s personal income.
Single Family
Built in 1950
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79549, Snyder, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,292 (100%) |
| Owner Occupied HU | 3,880 (61.7%) |
| Renter Occupied HU | 1,457 (23.2%) |
| Vacant Housing Units | 955 (15.2%) |
| Median Home Value | $136,078 |
| Average Home Value | $190,475 |
Housing Distribution
Address Breakdown
Residential
5,727
Single Family
5,312
Multi-Family
415
Businesses
527
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