1216 Terrace DrAndrewsTX79714
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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
Investment property for sale in Andrews at 1216 Terrace Dr, Andrews, TX, 79714 listed at $241,200 pairs $1,843/mo rent with a $1,181/mo payment to leave $127/mo cash flow. Total monthly income runs $1,843/mo, and annual cash flow reaches $1,528/yr on $79,958 cash to close. Return on cash invested measures 21.82% in year one, and rental yield registers 9.17% at a $241,200 basis. Equity gained on principal adds $1,556/yr, and annual property appreciation at 5% supports $66,639 by year five. Five-year ROI tracks 114.34% and total cumulative return in cash totals $91,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,843/mo property income relative to a $1,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1959
7,958 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
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