1221 State Highway 83Denver CityTX79323
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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 Denver City at 1221 State Highway 83, Denver City, TX, 79323 uses $53,040 cash to close to unlock $904/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $1,213/mo, and a $783/mo payment keeps the spread at $75/mo. Purchase price stands at $160,000, and rental yield measures 9.1% with $1,213/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 113.24% and total cumulative return in cash records $60,062. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,213/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1970
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79323, Denver City, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,227 (100%) |
| Owner Occupied HU | 1,492 (67.0%) |
| Renter Occupied HU | 500 (22.5%) |
| Vacant Housing Units | 235 (10.6%) |
| Median Home Value | $195,818 |
| Average Home Value | $201,872 |
Housing Distribution
Address Breakdown
Residential
2,083
Single Family
2,083
Multi-Family
0
Businesses
257
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Listed by: Josh Urias • Wise Cardinal Realty
Mls Name: LBMLS
Mls ID: #202600450