124 E Monroe StLevellandTX79336
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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 Levelland at 124 E Monroe St, Levelland, TX, 79336 uses $53,040 cash to close to unlock $4,264/yr annual cash flow and $355/mo monthly cash flow. Total monthly income runs $1,493/mo, and a $783/mo payment keeps the spread at $355/mo. Purchase price stands at $160,000, and rental yield measures 11.2% with $1,493/mo rent. Return on cash invested shows 27.95% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 147.2% and total cumulative return in cash records $78,074. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,493/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1963
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 79336, Levelland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,131 (100%) |
| Owner Occupied HU | 4,343 (60.9%) |
| Renter Occupied HU | 1,773 (24.9%) |
| Vacant Housing Units | 1,015 (14.2%) |
| Median Home Value | $147,185 |
| Average Home Value | $220,218 |
Housing Distribution
Address Breakdown
Residential
6,490
Single Family
6,371
Multi-Family
119
Businesses
643
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Listed by: Stacey Rogers • Keller Williams Realty
Mls Name: LBMLS
Mls Provider:
Mls ID: #202555491
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.